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WorksheetsEconomics Pre & Post Test
Total questions: 30
Worksheet time: 22mins
Name
Class
Date
1.
Which is the check number?
a)
11
b)
9
c)
10
d)
3
2.
Which is the routing number?
a)
11
b)
9
c)
10
d)
3
3.
Which is the bank account number?
a)
11
b)
9
c)
10
d)
3
4.
Where do you write the name of the person you're paying?
a)
1
b)
2
c)
4
d)
7
5.
Where do you sign the check?
a)
2
b)
4
c)
5
d)
7
6.
What is a need?
a)
Nothing
b)
Something you have to have to live
c)
Something you would like to have
d)
Ice cream
7.
What is a good?
a)
A need
b)
A baseball game
c)
Things people do for money
d)
Things that people make or grow
8.
What is a want?
a)
A person
b)
Something you would like to have but don't need to live
c)
Purple
d)
Something you need to live
9.
A person who uses and buys goods and services
a)
money
b)
producer
c)
consumer
d)
economics
10.
A person who makes goods or provides a service
a)
goods
b)
service producer
c)
producer
d)
consumer
11.
Which of the following is not a good?
a)
Clothes
b)
Food
c)
Dog Walker
d)
Toys
12.
Which of the following is not a service?
a)
Dry Cleaner
b)
Car Wash
c)
Clothes
d)
Babysitter
13.
Things we buy that we can touch or hold
a)
services
b)
opportunity cost
c)
goods
d)
natural resources
14.
Things that were not made by humans and are found in nature
a)
natural resources
b)
human resources
c)
capital resources
d)
services
15.
Which of these is a need?
a)
car
b)
water
c)
video games
d)
candy
16.
A crew of men are hired to paint a new house. They are providing a ____
a)
service
b)
product
c)
specialization
d)
good
17.
When you do something for someone else you provide a ________.
a)
good
b)
service
c)
consumer
18.
Which of these people is not providing a service?
a)
student
b)
mail man
c)
barber
d)
mechanic
19.
Kate needs school supplies, yet she wants to buy the latest Shopkins. She only has enough money to buy school supplies.
What should she do?
What should she do?
a)
Buy the Shopkins. Her teacher will understand.
b)
Buy the Shopkins. Ask someone else to buy her school supplies.
c)
Buy the school supplies. Start saving her money for the Shopkins.
d)
Buy only part of what she needs so she can spend the rest on Shopkins.
20.
What do you do if you want to take money out of your account?
a)
Ask nicely and say please
b)
Write a check to someone
c)
Make a withdrawal
d)
Make a deposit
21.
Which account earns interest from a bank and is good for saving for a long term goal?
a)
Checking Account
b)
Credit Card
c)
Savings Account
22.
How do you pay someone money from your checking account?
a)
Make a deposit
b)
Write them a check
c)
Use your credit card
d)
Write them an IOU
23.
How do you put money into your checking account?
a)
Fill out a deposit slip
b)
Make a withdrawal
c)
Ask your mom
d)
Bring it to the bank and just tell them what you want
24.
What is a card that you can take money out of a machine OR use at a store to pay for something out of your checking account?
a)
a debit card
b)
a credit card
c)
a birthday card
d)
a playing card
25.
What is a card that lets you pay later but that you get a bill for at the end of every month?
a)
a debit card
b)
a credit card
c)
a birthday card
d)
a playing card
26.
What is money that you can earn in your savings account or that you have to pay back on a loan?
a)
lucky money
b)
a loan
c)
interest
d)
tips
27.
Another word for money.
a)
barter
b)
economics
c)
currency
d)
price
28.
How much people want something.
a)
supply
b)
demand
29.
How much of something is available.
a)
supply
b)
demand
30.
The idea that resources are limited; we don't have an unlimited supply of what we want.
a)
scarcity
b)
supply
c)
demand
d)
inflation
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