WorksheetsPearson Chapter 6: Economics Review
Total questions: 23
Worksheet time: 12mins
Look at the picture. Then answer the question. Which word describes what you see in the picture?
needs
wants
consumers
producers
Look at the picture. Then answer the question. What capital resources are needed to produce what you see in the picture?
knowledge about farming
tractors, plows, factories
cows, chickens, seeds
vegetables, animals
Look at the graphic organizer. Then answer the question. Which statement correctly completes the graphic organizer?
Producers find it easier to import resources.
Consumers enjoy buying things from far away.
Consumers prefer to buy needs as well as wants.
Producers build businesses near resources they need.
Jasmine has a clothing store. She has decided to start exporting her products. What conclusion can you draw about Jasmine's business?
She will save money on shipping.
She will find it easier to get resources.
She will gain more customers.
She will be able to make more products.
Look at the picture. Then answer the question by choosing words from the word bank that complete the sentences: This picture shows someone___________. One reason he might do this is to________________.
shopping local & support his community
producing an item & secure more customer
exporting a product & trading what he needs
carry out a responsibility & support his family
Look at the picture. Then answer the question. What kinds of resources are shown in the picture?
natural and capital resources
human and capital resources
human and natural resources
capital and product resources
Check the example of a capital resource.
lettuce
tractor
planting seeds
Check the example of a human resource.
lettuce
tractor
planting seeds
Check the example of a natural resource.
lettuce
tractor
planting seeds
Which example illustrates how technology has changed capital resources over time?
Molly uses an encyclopedia to do research for a book report.
Alecia develops good study habits so that she can become a scientist.
Jordan orders a toy that is produced and shipped to his house in three days.
Ricardo plants a vegetable garden in the spring and eats his vegetables in the summer.
Jerry Yang studied hard when he was in school. What is another way of describing what Yang did in school?
investing in his human capital
funding his education
volunteering for a good cause
increasing his capital resource
Look at the picture. Then answer the question. In which reference book would you find more information about this activity?
Why Taxpayers Fund Public Schools
How Capital Resources Have Changed
The Importance of Volunteer Work
Opportunity Costs and Trade-offs
Read the excerpt. Then answer the question. What is the main idea of these paragraphs?
Janelle gets to enjoy her vegetable in her meals.
Janelle decided to plant a vegetable garden this year.
Janelle collects dried seeds from her favorite vegetables.
Janelle has to wait a few weeks for the flowers to sprout.
Read the excerpt. Then answer the question. What is the best way to summarize these paragraphs?
Janelle's vegetable garden required sun, soil, and water to grow.
Janelle likes fresh vegetables with her meals.
Janelle followed many steps in order to grow her own vegetables.
Janelle's vegetable plants sprouted flowers before the vegetables grew.
Answer the question by choosing the two words that best complete this sentence:
Growing your ________ in a specific area can help you find success in a(n)________.
occupation & volunteer
human capital & occupation
investment & human capital
volunteer & human capital
Answer the question by choosing the two words that best complete this sentence:
Amelia could only afford to buy one thing. She bought a new book instead of a video game. Amelia's choice is a ______. The video game is a(n)__________.
want & trade-off
adjustment & benefit
option & want
trade-off & opportunity cost
Look at the graphic organizer. Then answer the question. How would the Venn Diagram be correctly completed?
a choice that could be made
an item that you need to survive
a useful result of a good or service
an item you give up to get something else
Deirdre helps out at a soup kitchen on weekends. Deirdre is a(n) ___________.
occupation
volunteer
taxpayer
producer
Look at the picture. Then check all the boxes that answer the question.
What are the human, capital, and natural resources being used in this picture? What is a product that could be be made using these resources?
The human resource is the ability to cut down trees safely in order to make lumber.
The lumber could be used to make maple syrup.
The capital resources are the saws, truck, and crane.
The natural resources are the trees.
The lumber could be used to make furniture.
Look at the picture. Then check the four questions that you could ask to learn more about what is happening in the picture. Think about the new vocabulary that you learned in this chapter.
Are the containers full of wants or needs?
Who is going to get these products?
Are the products imports or exports?
What kinds of resources were used to make these products?
What kind of technology was used to create the products on the ship?
Check all the statements that are true about the relationship between goods and services and consumers and producers.
Goods are things that you can see and use, such as clothes and cars.
Services are work that people do, such as cutting hair and teaching music lessons.
Consumers are people who buy goods and services.
Producers are people or companies that make and provide goods and services.
Goods and services do not need consumers and producers.
Look at the chart. Then read the question. Imagine that a soccer team has to make a decision about how to spend money. How could this chart be completed? Check all the statements that make sense about the costs of traveling for games.
The costs of traveling for games would be transportation costs.
The costs would be the team would not have new uniforms.
The costs would be they would not look like a serious team.
The costs would be that the uniforms would be colorful.
Look at the chart again. Then read the question. Imagine that a soccer team has to make a decision about how to spend money. How could this chart be completed? Check all the statements that make sense about the benefits of traveling for games.
The benefits would be that the team would at least be able to play soccer.
The benefits would be they would get to play more teams by traveling.
The benefits would be they would take turns sitting next each other as they travel.
The benefits would be able to take turns buying dinner for their teammates.
