
Applied Sciences Unit 3 Economics Revision
Authored by Catie Daltveit
Business
5th Grade
Used 3+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of a positive incentive?
To make decisions harder for people
To confuse people about their choices
To punish someone for making a bad choice
To encourage someone by offering a reward
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a nonrenewable resource?
Sunlight
Wind
Coal
Geothermal energy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the four important factors involved in production?
Land, technology, finance, and marketing
Workers, machines, trade, and resources
Land, labor, capital, and entrepreneurship
Goods, services, imports, and exports
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a country sells products to another country, what is this called?
Export
Fairtrade
Import
Trade
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does specialization benefit businesses?
It prevents them from making money.
It allows them to do everything at once.
It helps them become really skilled in one area.
It makes it harder for them to compete.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes Fairtrade?
A system that allows countries to trade freely without rules
A method to ensure workers are paid fairly for their work
A way to sell products at the highest price possible
A type of trade that only involves goods, not services
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between goods and services?
Goods are physical objects, while services are actions provided to help others.
Goods are free, while services cost money.
Goods are only sold in stores, while services are only provided at home.
Goods are made by machines, while services are made by people.
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
15 questions
Politiques économiques européennes
Quiz
•
1st - 12th Grade
18 questions
businesss
Quiz
•
1st Grade - Professio...
13 questions
Marketing
Quiz
•
1st - 5th Grade
10 questions
Business Location
Quiz
•
KG - 12th Grade
10 questions
LIBF UNIT 2 Topic 1
Quiz
•
5th Grade
12 questions
Travel Arrangements
Quiz
•
5th Grade
20 questions
Higher Business - UB 1
Quiz
•
5th - 6th Grade
13 questions
Private, Public or Charity
Quiz
•
5th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
10 questions
Probability Practice
Quiz
•
4th Grade
15 questions
Probability on Number LIne
Quiz
•
4th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
6 questions
Appropriate Chromebook Usage
Lesson
•
7th Grade
10 questions
Greek Bases tele and phon
Quiz
•
6th - 8th Grade
Discover more resources for Business
25 questions
Multiplication Facts
Quiz
•
5th Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
12 questions
Presidents' Day
Quiz
•
KG - 5th Grade
10 questions
Multiplying Fractions
Quiz
•
5th Grade
10 questions
Adding and Subtracting Decimals
Quiz
•
5th Grade
10 questions
Understanding Equivalent Fractions
Interactive video
•
3rd - 5th Grade
15 questions
Rounding Decimals
Quiz
•
5th Grade
12 questions
Figurative Language Review
Interactive video
•
5th Grade