G 6_SS_CH 13 - The Value of Work

G 6_SS_CH 13 - The Value of Work

6th Grade

10 Qs

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G 6_SS_CH 13 - The Value of Work

G 6_SS_CH 13 - The Value of Work

Assessment

Quiz

Social Studies

6th Grade

Practice Problem

Medium

Created by

Gayathri P

Used 132+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. What is the main difference between economic and non-economic activities?

Economic activities are solely focused on social welfare.
Economic activities are profit-driven, whereas non-economic activities are not.
Economic activities are always government-funded.
Non-economic activities generate revenue for businesses.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an economic activity?

Taking a walk in the countryside.
Writing a novel.
Planting trees in a park.
Buying and selling goods.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a salary?

A salary is a regular payment made by an employer to an employee.
A salary is an investment made by an employee in the company.
A salary is a bonus given at the end of the year.
A salary is a one-time payment for a completed project.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an example of a non-economic activity?

Volunteering at a local charity
Participating in a community event
Engaging in a paid job
Taking care of household chores

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is 'payment in kind'?

Payment in kind is a non-cash payment method where goods or services are exchanged instead of money.
Payment in kind is a type of investment in stocks and bonds.
Payment in kind is a method of borrowing money from a bank.
Payment in kind refers to a cash payment made in installments.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the monetary value a person places on an object based on its benefit?

Exchange value

Money's worth

Intrinsic value
Market value

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of activity is volunteering to teach computer skills on weekends?

Hobby activity
Paid employment
Community service
Corporate training

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