NEW
Font size
S
M
L
XL
WorksheetsCLES 3rd Grade Economics Review
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
What are needs?
a)
Something that grows in nature
b)
Something that people would like to have
c)
Something people must have to live
d)
Something found on the moon
2.
What are wants?
a)
Something found in China
b)
something you must have to live
c)
something you see in a movie
d)
something you would like to have
3.
What does it mean to budget?
a)
To collect seashells
b)
Tos spend al of your allowance
c)
to give candy to friends
d)
a plan for saving adn spending money
4.
What are goods?
a)
items found under a rug
b)
items found in the ocean
c)
items that are made and grown
d)
Work that is done for someone else
5.
What are services?
a)
Work that someone does for someone else
b)
Items that are made or grown
c)
Something that is not real
d)
Something that is used to do work for someone else
6.
What is a consumer?
a)
Someone who makes or grows goods or offers services
b)
someone who makes products
c)
Something that grows in nature
d)
Someone who buys goods and services
7.
What is a producer?
a)
Someone who makes or grows goods or offers services
b)
someone who eats potato chips
c)
someone who buys and goods and services
d)
someone who shops at the store
8.
If I want to meet a personal finance goal I shoul
a)
Save my allowance
b)
Do chores
c)
sell my unwanted things
d)
all of the above
9.
What is a human resource?
a)
construction worker
b)
fireman
c)
teacher
d)
all of the above
10.
What is a capital resource
a)
trees
b)
house
c)
tractor
d)
water
Reset
