
Economics Review
Authored by Hannah Alvarez
Social Studies
3rd Grade
Used 1+ times

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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Claudia is selling cookies to raise money for her trip to California. What is this an example of?
donating
spending
saving
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Claudia increased the price of her cookies to keep up with demand. What could have led to the increase?
she ran out of cookies
she had too many cookies
she wanted to start selling brownies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When Claudia went to 3 different stores, she noticed there weren't many cookies left. What is this an example of?
budget
scarcity
demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is it called when you make a plan for your spending?
making a budget
making a list of things you want
asking other people for money
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company is selling a new computer. The computer cost them $20 to make and ship each computer. They sell the computer for $30 in the store. What is the money they make after the sale called?
service
good
profit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Wally Amos give back to the community?
he lowered his prices
he donated some profits to help others
he changed his recipe
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does what Louis Pasteur did help the community?
his studies made sure liquids like milk were safe to drink
his studies made it harder for people to get vaccines
his studies helped other people get jobs
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