WorksheetsEconomics
Total questions: 10
Worksheet time: 6mins
Name
Class
Date
1.
Which of the following is not a good?
a)
Clothes
b)
Food
c)
Dog Walker
d)
Toys
2.
______ is giving away money or goods for a good cause.
a)
Donating
b)
Saving
c)
Spending
d)
Market
3.
A plan for managing a person's income and expenses is..
a)
Income
b)
Scarcity
c)
Savings
d)
Budget
4.
Which of the following is not a service?
a)
Dry Cleaner
b)
Car Wash
c)
Clothes
d)
Babysitter
5.
A _____________ is a person who starts a business.
a)
Teacher
b)
Entrepreneur
c)
Actor
d)
Student
6.
A shortage of a resource is considered...
a)
Scarcity
b)
Surplus
c)
Profits
d)
Income
7.
Increase means:
a)
More
b)
Less
8.
Consumer interest and willingness to pay is...
a)
Surplus
b)
Supply
c)
Demand
d)
Goods
9.
When there is more than enough to meet demands, there is a...
a)
Shortage
b)
Scarcity
c)
Surplus
d)
Supply
10.
Money someone does not want or have to spend is...
a)
Savings
b)
Donations
c)
Earnings
d)
Profits
100 %
