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IN-CLASS ASSESSMENT (REVIEW) _ YEAR 4

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is used to cross the street at busy intersections?

a)

Ferry

b)

Traffic lights

c)

Zoo

d)

Barber shop

2.

The products with the mark of industrial product standard are tested and certified as ___________ products.

a)

Bad

b)

Luxurious

c)

Quality

d)

Unsafe

3.

___________ is a form of communication used to encourage or persuade a consumer to take some new actions in purchasing the advertiser's goods or services.

a)

Advertising

b)

Satisfaction

c)

Income

d)

Trade

4.

If the farmer is going to the market in search of a pair of sneakers for his son, he will find each pair of shoes has a price in terms of the ___________ .

a)

Double coincidence of wants

b)

Store of value

c)

Right to choose

d)

Medium of exchange

5.

___________ is when two people have different items that both want and are willing to exchange.

a)

Measure of value

b)

Store of value

c)

Double coincidence of wants

d)

Standard of deferred payment

6.

Aim of ___________ mark of product standard is to support the unique locally made and marketed products of each Thai sub-district all over Thailand.

a)

Compulsory

b)

OTOP

c)

General

d)

Satisfactory

7.

One of the 4 KEY FUNCTIONS of money is ___________ .

a)

Advertisement

b)

Double coincidence of wants

c)

Trade

d)

Medium of exchange

8.

___________ are 2 CONDITIONS of Sufficiency Economy.

a)

Procrastination and laziness

b)

Ignorance and arrogance

c)

Knowledge and ethics

d)

Negligence and recklessness

9.

Someone who acquires goods or services for direct use or ownership rather than for resale or use in production and manufacturing is called ___________ .

a)

Teacher

b)

Lawyer

c)

Consumer

d)

None of the mentioned

10.

Material items that can be seen, touched or felt and are ready for sale to the customers are called ___________ .

a)

Services

b)

Goods

c)

Taxes

d)

Cash