Social Studies Chapter 1 Lesson 4 Weekly Quiz
Authored by michael murray
Social Studies
4th Grade
Used 2+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is another way to describe a free market?
People and businesses use money as a tool in a market economy.
Every product and service is free (you don't have to pay for it!).
People and business don't use money.
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
In a market economy, what roles might a government have? (Choose more than one)
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
These doctors and nurses work in a hospital emergency room.
What do they provide? (Choose TWO)
a product
a service
labor
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a synonym for products?
goods
bads
services
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you describe when money flows between business and individuals?
the circular flow of money
the falling flow of money
the flow of a money river
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Complete this sentence:
"The supermarket has a lot of eggs to sell. They have a large ___ of eggs."
supply
demand
consumer
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Complete this sentence:
"Thousands of people want to buy the new PS5 game console. There is a huge ___ for the PS5."
supply
demand
goods
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