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WorksheetsEconomy
Total questions: 10
Worksheet time: 50mins
Name
Class
Date
1.
Which answer is a NEED?
a)
Snickers
b)
Water
c)
New car
d)
Watch
2.
Which answer is a WANT?
a)
Oxygen
b)
Shelter
c)
Food
d)
Rolex watch
3.
Services are activities provided by other people.
a)
False
b)
True
4.
What is an example of a service?
a)
Doctors
b)
Pens
c)
Clothing
d)
Shoes
5.
A physical item that satisfies a human want or need is called:
a)
Service
b)
Good
c)
Want
d)
Need
6.
What is an example of a good?
a)
Doctor
b)
Lawyer
c)
Shoes
d)
Mechanic
7.
There are four major areas that make up an economy of a nation. They are:
a)
Production, distribution, trade, and consumption of goods and services
b)
Production, distribution, consumption of goods and services, and printing money
c)
Production, distribution, printing, and selling
d)
Selling, buying, law making, and services
8.
Saudi Arabia's economy is a/an ........ based economy.
a)
Dates
b)
Cotton
c)
Oil
d)
Tea
9.
Saudi Arabia has the largest economy in the Arab World.
a)
True
b)
False
10.
Which country has the largest economy in the world?
a)
China
b)
KSA
c)
Russia
d)
USA
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