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Economics

Authored by Kori Saunders

Other

3rd Grade

Used 5+ times

Economics
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who makes a good or provides a service? 

Consumer

Producer

Goods

Natural Resource

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If I buy a product from a seller, I am a _______.

producer

consumer

supply and demand

entrepreneur

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a person wants to go see a movie, they are a ________.

producer

consumer

good

service

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Milton Hershey and Sam Walton are well known

presidents

teachers

entrepreneurs

demanders

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When there is not enough of a product to meet the needs of the consumers it is called ________.

bartering

supply

scarcity

demand

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a person trades for goods or services, but doesn't use money, it is called __________.

consuming

bartering

producing

donating

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a responsible reason to save money?

To have money to pay for college.

To have money to buy candy.

To have money to buy a new game.

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