3rd Grade Economics Quick Check

Front

Mecahnics, doctors, and teachers all provide _____.

Back

services

Front

Popcorn, sweater, hover board, and a book are all ________.

Back

goods

Front

The class made brownies to sell at a bake sale. The brownies are _____.

Back

goods

Front

I can buy a new couch or a new bed. I choose the bed. What is my economic choice?

Back

bed

Front

Ms. Dolfini is a music teacher. She has SPECIAL training to teach music. This is an example of ___________.

Back

specialization

Front

What is opportunity cost? Options: something you choose to buy, focusing on one product or service, the thing you give up when making a choice, a strawberry

Back

the thing you give up when making a choice

Front

What is a basic need? Options: hover board, shelter, Xbox, necklace

Back

shelter

Front

Carl is a mechanic. He ONLY fixes cars. This is an example of ________.

Back

specialization

Front

What is a want?

Back

something you can live without

Front

Which can you live without? Options: water, food, Xbox, shelter

Back

Xbox