Year 8 Economics - Marketplace, Supply and Demand, Resources

Year 8 Economics - Marketplace, Supply and Demand, Resources

8th Grade

35 Qs

quiz-placeholder

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Year 8 Economics - Marketplace, Supply and Demand, Resources

Year 8 Economics - Marketplace, Supply and Demand, Resources

Assessment

Passage

Social Studies

8th Grade

Hard

Created by

James Moore

Used 2+ times

FREE Resource

35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What does owning a home provide?

Sense of security

Financial burden

Unpredictable living situation

Limited housing options

2.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

The stock market is a marketplace for pieces of companies, where owning shares means owning a small part of the company. What is the term for owning a small part of a company?

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is a market?

A place where people gather to socialize

A place where buyers and sellers trade goods and services

A place where only sellers come together

A place where only buyers come together

4.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

People trade currencies in the foreign exchange market to make money by guessing which currencies will go ___ in value.

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is the labour market compared to in the passage?

A supermarket

A dating app

A school

A hospital

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What can be found in markets according to the passage?

Only food and clothes

Only houses and jobs

Everything from food and clothes to houses, jobs, and money from different countries

Only money from different countries

7.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

The foreign exchange market is the biggest market in the world for exchanging different countries' ________.

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