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Economics Review

Total questions: 12

Worksheet time: 16mins

Name
Class
Date
1.

Which of the following items are examples of natural resources? (Click next to ALL of the correct answers!)

a)

Tree

b)

Pencil

c)

Apple

d)

Table

2.

Which of the following are examples of man-made resources? (Click next to ALL of the correct answers.)

a)

Coal

b)

Birthday Cake

c)

Spoon

d)

Corn

3.

What is one way that you use water?

4 lines
4.

What is a DIFFERENT way that you could use water?

4 lines
5.

Is getting a haircut an example of a good or a service?

a)

Good

b)

Service

6.

Is a bike an example of a good or a service?

a)

Good

b)

Service

7.

Is a car an example of a good or a service?

a)

Good

b)

Service

8.

Is getting your teeth cleaned an example of a good or a service?

a)

Good

b)

Service

9.

Is getting your car fixed an example of a good or a service?

a)

Good

b)

Service

10.

Why do people work? (Choose the BEST answer.)

a)

People work because it's fun.

b)

People work to earn money so they can buy the things they need and want.

c)

People work so they can get out of the house.

11.

Miriam puts together beautiful flowers that people can buy. Miriam is an example of a _________________________.

a)

Buyer

b)

Seller

12.

Mrs. Harris goes to the grocery store and shops each week. Mrs. Harris is an example of a _________________________.

a)

Buyer

b)

Seller