Economics Basics

Economics Basics

6th Grade

25 Qs

quiz-placeholder

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Economics Basics

Economics Basics

Assessment

Quiz

Social Studies

6th Grade

Hard

Created by

John Robinson

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The making, buying and selling of goods and services

economics

inflation

market

barter

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Trading something for something else - no currency involved

demand

barter

goods

market

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A person who buys goods and services

consumer

entrepreneur

resource

currency

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The using up of a resource

scarcity

supply

services

consumption

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The study of how people use resources to fulfill unlimited needs and wants is

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Media Image

Economics can be described as the study of

Only Food and Money

The Choices We Make

Graphing

Price ceilings and Price floors

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How much people want something

supply

demand

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