Social Studies
4th Grade
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economics is
Products that you purchase
Earnings from work or investment
The study of how goods and services are produced
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Goods are
Actions or activities that one person performs for another usually for a fee
Income not spent
Products that you purchase. Things you can use, things you eat, and that supply your needs and wants
3.
MULTIPLE SELECT QUESTION
30 sec • 3 pts
3 examples of Goods are
getting a haircut
furniture
clothing
candy
seeing a doctor
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Services are
Earnings from work or investment
Actions or activities that one person performs for another usually for a fee
When a business's expenses are more than it makes
5.
MULTIPLE SELECT QUESTION
30 sec • 3 pts
Examples of Services are (check all that apply)
seeing a Doctor
buying a t-shirt
Getting a haircut from a Hair Stylist
Being protected by the Police
buying a toy
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income is
Earnings from work or investments
something like air, food, shelter that is needed for survival
a person who assumes financial risk in the hope of making a profit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Savings is
an item that we desire but that is not essential to survival
a study of how goods and services are produced and distributed
Income not spent
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