Understanding Key Economic Terms
5th Grade
•10 Qs
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Understanding Key Economic Terms
Quiz
•
English
•
5th Grade
•
Medium
+12
Standards-aligned
Chengjin Tian
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to boycott a product?
To buy a product in large quantities
To refuse to buy something
To sell a product at a high price
To advertise a product
Tags
CCSS.RI.3.10
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a monopoly?
A game played with dice
Exclusive control over one or more resources that others need
A type of government
A large shopping mall
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean when a law is repealed?
It is enforced more strictly
It is reversed
It is made more complicated
It is ignored
Tags
CCSS.RI.3.10
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are contributions?
A type of tax
A gift or payment to a common fund or collection
A form of protest
A type of investment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are results?
A type of food
Something that happens as a consequence or outcome
A type of game
A type of music
Tags
CCSS.RI.3.3
CCSS.RI.4.3
CCSS.RI.5.3
CCSS.RI.6.3
CCSS.RI.7.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is taxation?
The imposition of compulsory levies on individuals or entities by governments
A type of celebration
A form of entertainment
A type of exercise
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a monopoly?
A small family-owned restaurant
A single company controlling all the water supply in a city
A local farmer's market
A neighborhood garage sale
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