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Economics

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.
Economics is...
a)
studying goods, services, and how people can get them.
b)
studying trees, bushes, and other plants.
c)
studying animals and wildlife.
d)
studying food, and how food is made.
2.
Which of these provides a service?
a)
Pumpkins
b)
Mailman
c)
Turtles
d)
Cars
3.
The people who buy goods and services are called...
a)
producers
b)
consumers
c)
banker
d)
traders
4.
If video games are not a need, what are they?
a)
a wish
b)
a dream
c)
a want
d)
a necessity
5.
Economic system where government controls everything.
a)
Market
b)
Command
c)
Mixed
d)
Free Enterprise
6.
Type of economic system where there is no government control.
a)
Mixed
b)
Market
c)
Free Enterprise
d)
Command
7.

who is the governor of Reserve bank on india

a)

Raghuram rajan

b)

shashikant sharma

c)

amitabh kant

d)

shaktikant das

8.
Tools we use to make products
a)
capital resources
b)
human resources
c)
natural resources
d)
entrepreneurs
9.
A person who buys goods and services
a)
consumer
b)
entrepreneur
c)
resource
d)
currency
10.
another word for money
a)
barter
b)
economics
c)
currency
d)
price