Social Studies
5th Grade
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16 questions
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1.
MATCH QUESTION
5 mins • 5 pts
Match the following vocabulary to its definition.
Free Enterprise System
Government decides what goods and services can be made and sold.
Consumer
One in which producers have the right to create any goods or services they want.
Producer
A person or company who makes a good or service to sell to others.
Market Economy
A person or company who buys goods and services.
Command Economy
(Free Enterprise System) Entire area/country in which things are bought and sold freely.
2.
MATCH QUESTION
5 mins • 3 pts
Match the following vocabulary to their definition.
Involve
A single human being
Individual
The land, homes, stores, and goods that people and companies own.
Private Property
To take into account; include
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
How the resources of an area or country are produced, delivered, and used.
4.
FILL IN THE BLANKS QUESTION
5 mins • 1 pt
Things you must have to survive, such as food, clothing, and shelter.
(a)
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
There are two types of needs and wants. What are these two types called?
Goods and Services
6.
FILL IN THE BLANKS QUESTION
5 mins • 1 pt
Actual products you can buy such as a car, apples, or shoes.
(a)
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Things that other people do for you, such as cutting your hair or giving music lessons.
Services
Goods
Needs
Wants
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