Giving one thing and receiving another by choice. Both sides agree, benefit, and trade willingly.
IA3 Vocabulary Review

Quiz
•
Social Studies
•
4th Grade
•
Medium
Jennifer Kent
Used 45+ times
FREE Resource
26 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
voluntary exchange
opportunity cost
price incentive
cost
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The value of the next best option that is NOT selected when a choice is made. (What you give up)
price incentive
trade
opportunity cost
barter
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
River that runs between the Appalachian Mountains and the Great Plains.
Rio Grande River
Mississippi River
Missouri River
Ohio River
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
to come together for a common purpose or reason
disperse
representative democracy
expand
unite
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Document that was negotiated by John Jay, Benjamin Franklin, and John Adams to END the American Revolution.
Treaty of Paris
Paris Agreement
The French, British, and American Treaty
Articles of Confederation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When people elect others to serve in their government to make laws and decisions for their country.
Federal system
Monarchy (King or Queen is in charge)
Representative democracy
Dictatorship (One supreme leader who answers to no one)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Branch of government who passes laws and declares them constitutional or unconstitutional.
Legislative Branch (congress)
Executive Branch(president)
Federal system
Judicial Branch (supreme court justices or judges)
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