Econ Quiz
Authored by Omi Chung
Social Studies
2nd Grade
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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is trade?
Buying toys only
Exchanging goods and services
Sleeping
Eating
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a producer do?
Makes or sells goods and services
Only buys products
Watches TV
Plays games
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is a consumer?
Someone who makes products
Someone who eats only vegetables
Someone who buys or uses goods and services
Someone who sells products
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is income?
Money you spend
Money you save
Money you earn
Money you borrow
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is saving money important?
To buy candies
To have money for future needs
To throw it away
To forget about it
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does spending mean?
Saving money
Lending money
Using money to buy things
Eating
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business?
A place where people sleep
A game
An activity that earns money by selling goods or services
A type of food
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