Economics 3rd Grade Four Sectors of the US Economy Quiz

Economics 3rd Grade Four Sectors of the US Economy Quiz

3rd Grade

24 Qs

quiz-placeholder

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Economics 3rd Grade Four Sectors of the US Economy Quiz

Economics 3rd Grade Four Sectors of the US Economy Quiz

Assessment

Quiz

Social Studies

3rd Grade

Medium

Created by

Kimberly Thomas

Used 21+ times

FREE Resource

24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______ work together to earn livings and pay their bills.

income

households

needs

wants

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An _____ is a limited amount of money that someone earns.

income

consumer

producer

budeget

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ - food, shelter, clothing

wants

income

needs

goods

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Households spend money on ____________.

income

goods and services

consumers

producers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______ - a plan for how much money will be spent on each type of item that a person must buy.

business

needs

wants

budget

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ form the part of the economy where goods are made and services are provided.

Business

needs

wants

consumers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you are a manufacturer of one specific thing, you _________.

consumer

producer

budget

specialize

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