Economics QUiz

Economics QUiz

3rd Grade

18 Qs

quiz-placeholder

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Economics QUiz

Economics QUiz

Assessment

Quiz

Social Studies

3rd Grade

Practice Problem

Easy

Created by

Kelly Johnson

Used 6+ times

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who makes goods and/or provides services.

Wants

Opportunity cost

Producer

Natural resources

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who buys and uses goods and/or services.

Scarcity

Money

Barter

Consumer

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things we would like to have, but don't need to live.

Wants

Human resources

Producer

Economic choice

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that we need to live and survive.

Natural resources

Needs

Opportunity cost

Consumer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Not being able to meet all wants at the same time because resources are limited.

Consumer

Natural resources

Money

Scarcity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The choice that is made

Economic choice

Barter

Opportunity cost

Producer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt


The choice that is given up

Capital resources

Opportunity cost

Money

Economic choice

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