Week 27 Texas Studies Weekly
Authored by Melissa Jan Hays
Social Studies
3rd Grade
Used 6+ times
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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Article 1: Free Enterprise System
What kind of system means that businesses, goods, and services are determined by people's wants?
wants and needs
free enterprise system
public goods and services
private good and services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Article 1: Free Enterprise System
Who can start their own business in the United States?
anyone can
only parents
nobody can
only teachers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Article 1: Free Enterprise System
What determines which goods and services are created and sold?
businesses
other countries
the government
people's needs and wants
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Article 2: Supply and Demand
_ means how much of a good or service is available to buy.
demand
needs
supply
wants
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Article 2: Supply and Demand
What word refers to how many people want or need something?
demand
needs
supply
wants
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Article 2: Supply and Demand
When the supply of a goodis low and the demand is high, what happens?
the price goes up
everybody buys it
the price goes down
the store gives it away
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Article 3: Scarcity and Surplus
What word means there is more supply of a good or service than people demand?
needs
scarcity
surplus
wants
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