Part 3

Part 3

2nd Grade

34 Qs

quiz-placeholder

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Part 3

Part 3

Assessment

Quiz

Social Studies

2nd Grade

Practice Problem

Hard

Created by

Brianna Raggio

Used 4+ times

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34 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An import is ______. The good comes IN.

something bought from another country

something produced domestically

a product that is exported

an item manufactured locally

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a free enterprise system ______.

the government stays out of economic activity

government controls every aspect of commerce

public enterprises dominate the market

economic decisions are made by centralized authorities

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A capital resource is ______.

anything used to produce the goods and provide the service

a natural resource not involved in production

a human resource

a finished product

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An oil rig is an example of ______.

a capital resource

a renewable resource

a natural resource

a human resource

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A producer is someone who ______.

makes the goods or provides the service

buys the goods or consumes the service

distributes the goods to retailers

regulates the industry

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a producer is ______.

a baker

a mechanic

a teacher

an engineer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A consumer is someone who ______.

buys goods and services

sells goods and services

produces goods and services

distributes goods and services

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