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Economics

Authored by KERRIE BOUDREAUX

Social Studies

2nd Grade

Used 1+ times

Economics
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27 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is an economy?

A system of production, distribution, and consumption of goods and services

A type of government

A financial institution

A cultural tradition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What are societies?

Groups of animals

Communities of people with common traits

Individual families

Isolated individuals.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Fill in the blank: _______ are items that people can buy.

Goods

Services

Ideas

Experiences

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Fill in the blank: Services are tasks that people do for other people in exchange for _______.

money

goods

favors

gratitude

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is a need?

A requirement for survival

A desire for luxury

An optional preference

A temporary want

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a want?

Food

Shelter

Video games

Water

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economy includes everything we do that involves ______.

money

food

travel

education

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