Economics Review Game 2

Economics Review Game 2

5th Grade

5 Qs

quiz-placeholder

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Economics Review Game 2

Economics Review Game 2

Assessment

Quiz

Social Studies

5th Grade

Hard

Created by

Daniel Hall

Used 4+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What is the term for what you give up when you make a choice?

Opportunity Cost

Price Incentive

Specialization

Opportunity Cost

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do we call the reasons to buy or sell something based on its price?

Specialization

Trade

Price Incentive

Goods

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is it called when someone focuses on one job to become really good at it?

Services

Specialization

Productivity

Consumers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What word describes how much work or stuff you can make in a certain time?

Goods

Productivity

Trade

Wants

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is it called when people exchange things with each other?

Services

Trade

Opportunity Cost

Price Incentive