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WorksheetsSocial Studies: Economy (May 8)
Total questions: 20
Worksheet time: 14mins
What is an economy?
a person who grows or makes things for sale
a place with lots of open land with few people or buildings
a chemical or natural material added to soil to increase plant growth
a system of making and trading things of value
Which community is a place with lots of open land with few people or buildings?
urban community
suburban community
rural community
What kind of community is in this picture?
urban community
suburban community
rural community
Choose all the needs below.
(select all that apply)
water
food
shelter
God
family
Choose all the wants in the list below.
(choose all that apply)
PlayStation
safety
Brand-name clothing
jewelry
fresh water
Select the picture showing a producer.
(select all that apply)
What is a consumer?
a person who buys something to eat or use.
a resource that is bought or sold
knowledge or tools that help make our jobs easier, faster and safer
valuable goods or skills
What is it called when a country imports goods from one place and then exports the same goods to another place?
fertilizer
producer and consumer
re-export
needs and wants
A (a) is a place that has a harbor where ships load and unload goods.
(Write your answer in the box below)
13. An (a) is a good that is brought into a country.
(Write your answer in the box below)
13. An (a) is a good that is sent out of a country.
(Write your answer in the box below)
Which of the four countries we studied is closest to Hong Kong?
Peru
Tunisia
Ukraine
India
Which country is the second largest exporter of olive oil?
Peru
Tunisia
Ukraine
India
Which country exports precious minerals like gold, silver and copper?
Peru
Tunisia
Ukraine
India
What would happen if the demand for toilet paper began to quickly rise?
the price of toilet paper may come down
the price of toilet paper may increase
people would stop buying toilet paper
producers would stop making toilet paper
What is a supply?
how much of product a producer is willing or able to make
things you must have in order to survive
a system of making and trading things of value
a place you go to have fun
A ___________ is how much of the product the consumer is willing to purchase.
consumer
demand
port
natural resource
Choose all the natural resources below.
(choose all that apply)
trees
wind
cars
jewelry
oil
Tell ONE way you can help the less fortunate people around you.
(Write your answer in the box below)
What are some reasons for helping others who are less fortunate?
(select all that apply)
so that they can pay you some money
God asks us to take care of those in need
it makes them feel happy and you feel happy
you want them to return the favour
they may not be able to help themselves
