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Economics - 4th Grade

Total questions: 12

Worksheet time: 3hrs 0mins

Name
Class
Date
1.

The practice of making one's living by engaging in commerce is

a)

Goods

b)

Taxes

c)

Business

d)

Slogan

2.

An amount of money that a government requires people to pay according to their income and the value of their property. This money is used to pay for the things done by the government.

a)

Loan

b)

Funding

c)

Profits

d)

Taxes

3.

Goods that are made and used to produce other goods and services are called ___________________.

a)

Capital Resources

b)

Profits

c)

Loans

d)

Funding

4.

A person or organization that buys goods or services from a store or business is called a _______________________.

a)

Slogan

b)

Customer

c)

Marketing Plan

d)

Profit

5.

The action of helping or doing work for someone is called a _______________________.

a)

Slogan

b)

Profit

c)

Service

d)

Good

6.

A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something are ________________.

a)

Profits

b)

Goods

c)

Loans

d)

Marketing Plans

7.

A person who organizes and operates a business or businesses, taking on greater than normal financial risks is called an ___________________________.

a)

Loan

b)

Customers

c)

Funding

d)

Entrepreneur

8.

Merchandise or possessions are ________________________.

a)

Loans

b)

Goods

c)

Taxes

d)

Profits

9.

A ______________ is a document or blueprint that outlines a business advertising and marketing efforts for the coming year.

a)

Business

b)

Slogan

c)

Marketing Plan

d)

Profits

10.

Money provided, especially by an organization or government, for a particular purpose is called ______________________.

a)

Slogans

b)

Funding

c)

Profits

d)

Taxes

11.

A ____________________ is a short and striking or memorable phrase used in advertising.

a)

Service

b)

Loan

c)

Entrepreneur

d)

Slogan

12.

A _____________________ is something that is borrowed, especially a sum of money that is expected to be paid back with interest.

a)

Profit

b)

Good

c)

Service

d)

Loan