
Economy - How We Organize Ourselves
Authored by María Campos Bel
Social Studies
5th Grade
Used 25+ times

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31 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economy is...
The system of production, distribution, and control of people.
The system of production, distribution, and exchange of ideas.
The system of production, distribution, and consumption of goods and services.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the economy based on?
Needs and wants
Money and goods
Services and taxes
Wants and desires
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between a "need" and a "want"?
Needs are optional, and wants are essential
Needs and wants are the same
Wants are only for rich people
Needs are essential, and wants are optional
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a "need"?
Ice cream
Water
Toys
Swimming pool
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is a "want"?
Education
Bread
Soft drink
Coat
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of these are "goods"? Choose the right ones?
Teacher
Book
Doctor
Bread
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of these are "services"? Choose the right ones?
Teacher
Book
Doctor
Bread
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