Economics

Economics

Assessment

Flashcard

Social Studies

2nd Grade

Easy

Created by

Wayground Content

Used 1+ times

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

What is income?

Back

money received from work

2.

FLASHCARD QUESTION

Front

Jen needs an income to buy a new house. What should Jen do in order to buy a new house with her own income?

Back

get a job and save her money

3.

FLASHCARD QUESTION

Front

Why do people have jobs?

Back

to earn money to buy goods & services

4.

FLASHCARD QUESTION

Front

Someone who makes or grows a good or provides a service is a ___.

Back

producer

5.

FLASHCARD QUESTION

Front

What natural resource is used to make desks?

Back

trees

6.

FLASHCARD QUESTION

Front

Bella is buying a drink at the grocery store. Is she a producer or consumer?

Back

consumer

7.

FLASHCARD QUESTION

Front

Which of the following best describes the relationship between working and income?
Options:
work and income are the same thing,
work does not affect income,
income is only for spending on toys,
income is earned by doing work

Back

income is earned by doing work

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