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biztown

Authored by Kilee Lamm

Business

5th Grade

Used 2+ times

biztown
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a type of resource used to produce a good or service?

natural resource

capital resource

library resource

human resource

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A cashier working at a lemonade stand is an example of what type of resource?

human

natural

capital

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A barber shop or hair salon that does haircuts is an example of a business that provides a ____________.

service

good

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A model of the movement of goods, services, resources and money in an economy is

The Water Cycle

The Circular Flow

The Life Cyle

The Circle Cycle

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People who buy and use goods and services.

citizens

producers

products

consumers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who uses resources to start a business.

consumer

producer

entrepreneur

philanthropist

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lemons that are needed for a lemonade stand are an example of what type of resource?

human

natural

capital

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