Business and Economics

Mia wants to start a stall selling smoothies at school. What is she starting?

• A group project

• A business

• A video game

• A school club

Jayden buys a toy at the school market. What is the toy?

• A need

• A service

• A good

• A resource

To make his smoothies, Leo uses bananas, ice, and water. What kind of resources are these?

• Human resources

• Natural resources

• Capital resources

• Magical resources

Lily uses a blender and cups to make her lemonade. What are the blender and cups?

• Natural resources

• Things from the canteen

• Capital resources

• Things from a recipe

At Market Day, Zoe wants to sell 100 cupcakes but only has enough icing for 50. What problem is she facing?

• Too much time

• Scarcity – not enough resources

• Bad cooking

• Forgetting the recipe

Ezra has a cool idea for a business and works hard to make it happen. What is he?

• An entrepreneur

• A teacher

• A customer

• A helper

Bella wants to run a stall where she paints nails. What skill does she need to succeed?

• Hiding from customers

• Being creative and friendly

• Copying others

• Buying expensive products

Sam wants to buy a pencil case and some lollies, but he only has $5. What should he do?

• Get both anyway

• Only buy the lollies

• Ask a friend to pay

• Choose what he needs more

You see an ad on YouTube for a game that looks fun. What is the ad trying to do?

• Make you do homework

• Show you a story

• Make you want to buy or download the game

• Confuse you

Why do we pay tax when we buy things like toys or lunch?

• To help pay for schools, roads, and hospitals

• Because shops want more money

• To get free stuff

• So we can be in clubs