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Unit 4 Economics Lesson 3

Authored by Lynn Zabilka

Social Studies

4th Grade

Used 2+ times

Unit 4 Economics Lesson 3
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Trading goods and services for other goods and services or money

Circular Flow

Exchange

Income

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money people make working at a job

Circular Flow

Exchange

Income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The pattern in a marketplace (describes how goods, services, and resources flow)

Circular Flow

Exchange

Income

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two different markets in the circular flow chart?

Goods/Services and Resources

Households and Businesses

Exchange and Income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the two decision makers in the circular flow chart?

Goods/Services and Resources

Households/individuals and Businesses

Exchange and Income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The circular flow chart helps us visualize the way _____ moves in a market economy.

money

business

person

exchange

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

In the Market for Resources, what are the three types of resources businesses need...

Human Resources

Natural Resources

Capital Resources

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