Economics Quiz

Why do people have to make choices about what to buy?

• Because they have unlimited resources

• Because they have limited resources

• Because they don't like shopping

• Because everything is free

Tags

FL.SS.2.E.1.1

What is one reason people might choose to save their money instead of spending it?

• To have money for future needs

• To make their wallet heavier

• To avoid going to the bank

• To make their friends jealous

Tags

FL.SS.2.E.1.4

What can you do to plan out how you will save and spend your money?

• Create a budget on paper with all your wants and needs

• Plant a money tree

• Put your money under your bed

• Buy all the things you want as soon as possible

Tags

FL.SS.2.E.1.2

How can saving money help you in the future?

• It can help you buy something expensive later

• It makes your wallet look nice

• It allows you to spend more now

• It helps you avoid making choices

Tags

FL.SS.2.E.1.4

Which is a smart way to decide between two toys you want to buy?

• Buy both toys immediately

• Compare the prices and choose the cheaper one

• Ask a friend to choose for you

• Close your eyes and pick one

Tags

FL.SS.2.E.1.1

What is an example of a need?

• Pizza delivery service

• Water

• Music

• A brand new dollhouse

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FL.SS.2.E.1.2

Why is spending all your money on toys a problem?

• You will have more toys to play with

• You won't have money for other things you might need

• You will have less space in your room

• You will have to share with friends

Tags

FL.SS.2.E.1.4

Which one is a service?

• A bike

• Dog walking

• Food

• A toy

Tags

FL.SS.2.E.1.1

What is one example of a human resource?

• Trees that make the air we breathe

• Firefighters to put out fires

• Scissors to cut paper

• The sun

Tags

FL.SS.2.E.1.2

When you buy goods and services, what are you called?

• Seller

• Worker

• Boss

• Consumer

Tags

FL.SS.2.E.1.4