Free market quiz

Free market quiz

1st - 5th Grade

9 Qs

quiz-placeholder

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Free market quiz

Free market quiz

Assessment

Quiz

Social Studies

1st - 5th Grade

Easy

Created by

Stuart Welborn

Used 1+ times

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9 questions

Show all answers

1.

CLASSIFICATION QUESTION

15 mins • 20 pts

Organize these options into the right categories

Groups:

(a) Free market economy

,

(b) NOT a free market economy

Only a few goods available

A seller can choose whatever he wants to sell.

The goverment sets the prices.

You have to only one type of store.

Businesses choose how they pay their workers.

A wide variety of goods

Often there are long lines to buy goods.

Sellers can choose what they want to sell.

You can only do a select number of jobs.

You can choose any job you want.

2.

MULTIPLE CHOICE QUESTION

15 mins • 10 pts

Media Image

Goods or services

Good
Service

3.

MULTIPLE CHOICE QUESTION

15 mins • 10 pts

Media Image

Goods or Services

Good
Service

4.

MULTIPLE CHOICE QUESTION

15 mins • 10 pts

In a free market, people are allowed to decide what to sell and _________

when to eat it
for what price
take it to their moms
for what to dance to

5.

MULTIPLE CHOICE QUESTION

15 mins • 10 pts

When people want more things than they can actually have

economy
free market economy
scarcity

6.

MULTIPLE CHOICE QUESTION

15 mins • 10 pts

Tasks you pay someone to do for you

goods
services
market

7.

MULTIPLE CHOICE QUESTION

15 mins • 10 pts

A place where buyers and sellers come together

goods
services
market

8.

MULTIPLE CHOICE QUESTION

15 mins • 10 pts

The system in which goods and services are bought and sold

economy
free market economy
scarcity

9.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

The system in which goods and services are bought and sold

economy
free market economy
scarcity