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WorksheetsEconomics Progress Asssessment 1Study Guide SY25-26
Total questions: 10
Worksheet time: 9mins
Mike loaded his van with ice cream to sell to kids. What type of resource is his van?
land resource
capital resource
natural resource
human resource
Susie works for the school system. She drives a school bus full of students to school each day. What type of resource is Susie?
land resource
capital resource
natural resource
human resource
Why are human resources helpful?
They provide land.
They provide income.
They provide labor (work).
They provide capital.
What is a capital resource that a car mechanic would need?
tools
ice cream
customers
employees
What type of productive resource is a flower?
land resource
capital resource
natural resource
human resource
Jenny wants to open a nail salon but needs to find the chairs for her clients to sit in. What type of productive resource are the chairs?
land resource
capital resource
natural resource
human resource
What type of resource are trees and water?
entrepreneur
capital resource
natural resource
human resource
On the weekends, Cindy walks her neighbors' dogs for a fee (money). How would you best describe Cindy?
natural resource
entrepreneur
human resource
competitor
Which of the following describes an entrepreneur?
babysitting your sister for free
starting a dog washing business and hiring friends
doing your chores
getting a job at the mall
Why do entrepreneurs take risks?
to pay the taxes they owe
to make a profit
to get smarter
to become president
