WorksheetsEconomic Goals and Benefits
Total questions: 14
Worksheet time: 7mins
Name
Class
Date
1.
Help to protect people from unexpected events
a)
stability
b)
growth
c)
equity
d)
security
2.
Redcues extreme ups and downs in our economy and helps to keep prices from changing too quickly
a)
security
b)
growth
c)
full employment
d)
stability
3.
When an economy focuses on having jobs for all individuals willing and able to work this is known as:
a)
Sustainability
b)
Full Employment
c)
Efficiency
d)
Security
4.
Allows each member of society to make choices about how to use their resources
a)
Security
b)
efficiency
c)
Freedom
d)
Satbiility
5.
Promotes a just and fair system
a)
freedom
b)
equity
c)
security
d)
growth
6.
In my Native American tribe, we use the skin of the buffalo for teepees, the fur for blankets, the meat for food, and the bones for tools.
a)
Freedom
b)
Efficiency
c)
Growth
d)
Security
7.
I decided to attend a specialty high school that offered experience in fixing cars so I could be an auto mechanic when I get older. I’ve wanted to be one since I was a little kid.
a)
security
b)
equity
c)
efficiency
d)
freedom
8.
My mom had to have surgery. Luckily she won’t have to pay the medical bills since she went to the government-run hospital. They even gave her the prescriptions at no cost.
a)
equity
b)
security
c)
freedom
d)
efficiency
9.
My restaurant has been so busy lately. So busy that I hired more waiters and added opened up a patio on the roof with additional seating.
a)
efficiency
b)
growth
c)
security
d)
stability
10.
I love the supermarket in my neighborhood. They always have what I need, and everything is so reasonably priced. It helps me keep to my budget, which helps me have money to pay my rent every month.
a)
stability
b)
freedom
c)
growth
d)
security
11.
I’ve been at my job now for 10 years. I work really hard, and always do what I am told. They just hired a new guy and his desk is right next to mine. He is late all the time, he is sloppy at putting together the packets we make, and he makes the same about of money as me. It makes me so mad.
a)
efficiency
b)
equity
c)
growth
d)
stability
12.
This benefit creates benefits in the future.
a)
Freedom of consumers
b)
Investment opportunities
c)
responsive prices
d)
variety of goods
13.
This benefit is a result of changes in supply and demand
a)
freedom of consumers
b)
responsive prices
c)
variety of goods
d)
creation of wealth
14.
What is individual freedom of producers?
a)
producers are free to produce whatever they want in order to make a profit.
b)
the government restricts producers on what they are allowed to produce.
c)
there is a wide variety of goods and services offered.
d)
allows for profit and accumulation of wealth
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