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WorksheetsSocial Studies - Quiz 1
Total questions: 15
Worksheet time: 15mins
Things that we must have in order to survive. We can’t live without them.
wants
cars
needs
computers
The given picture represents ...
needs
wants
People who make and sell goods or services.
consumers
producers
footballer
dancers
People who buy goods or services for themselves.
bakers
producers
doctors
consumers
_______________ are activities provided by the people in the given picture.
services
goods
games
products
Goods are things that people make to be sold to satisfy needs and wants. select the goods.
Video games
cutting hair
ice-cream
pencil case
cleaning house
People who buy goods or services for themselves.
producers
bakers
consumers
doctors
Who are the producers among the following people?
The money we pay to buy a good or a service.
profit
price
good
service
Economics focuses on (a)
Farmers in the UAE had wonderful weather.
They have produced the largest crop of dates in years.
What will happen to the price of the dates?
The price will go up.
The price will go down.
No change in the price.
If there are 20 students in the class and there are 30 textbooks, this is an example of _________.
trade
surplus
goods
supply
The law of demand states that as the price increases then _____________________ .
quantity demanded increases
quantity demanded decreases
Weather forecasters predict this summer will be much hotter than usual. What will probably happen to the demand for air conditioners?
The demand will go up.
The demand will go down.
The science which deals with the production and distribution of goods and services.
Manufacturing
Politics
Economics
