WorksheetsEconomics Assessment
Total questions: 20
Worksheet time: 20mins
Good are_______
places to buy things
places to visit
things that people make or use
people who help others
Which is an NOT an example of Capital Resources?
tractor
truck
tools
apples
What could happen if humans do not protect their natural resources?
The animals would have more resources than the humans
Humans would have more resources than the animals
The world may not have enough natural resources.
The world could have too many natural resources.
Men are hired to put a new roof on a house. They are providing a _________
capital resource
good
natural resource
service
Which one is NOT a service?
teacher
farmer
shirt
doctor
People working to produce good and services are called?
natural resources
human resources
practical resources
capital resources
Which is an example of a natural resource that would be on a farm?
soil
tractor
rake
farmer
Which would be an example of a capital resource found on a farm?
soil
water
farmer
tractor
Which is an example of bartering?
A local restaurant charges $2.00 for a sandwich
Jack exchanges a video game for a watch from his best friend
A waiter collects a $3.00 tip from a customer
Jason buys a candy bar for a $1 and receives change back
A person who uses resources to make goods or provides services is a?
producer
consumer
spender
saver
Who is a consumer?
a person who makes paintings of parks
a person who sells peanuts at the park
a person who sells clothes at the mall
a person who shops at Wal Mart
Which person is acting as a producer?
Mr. Carson who is painting a picture to sell
Mr. Hong who is buying a book
Mr. Abram who is watching TV
Mr. Smith who is walking to the store
Services are?
things that people make
activities that satisfy people's needs and wants
goods made by people
materials that come from nature
Being an expert in one job, product, or service is called?
consumer
goods
specialization
photographer
What would a Vet specialize in?
animals
cooking food
shopping
taking pictures
The most common type of trade is with?
goods and services
money
toys
computers
You went to the coffee shop, and they had donuts and muffins. You get a muffin. Which is the economic choice and what is the opportunity cost.
economic choice
Muffin
opportunity cost
Donut
economic choice
Donut
opportunity cost
Muffin
You dislike both and leave
economic choice
Muffin
opportunity cost
Egg Sandwich
All choices require you to do what?
get something
flip a coin
give up something
pick both, you will be happy
You went to the pizza shop, and they had cheese pizza and bacon pizza. You get a slice of cheese pizza. Which is the economic choice and what is the opportunity cost.
economic choice
Bacon
opportunity cost
Cheese
economic choice
Cheese
opportunity cost
Bacon
You dislike both and leave
You ask for ham and pineapple instead
A cake baker specialize in?
teeth
teaching students
baking cakes
building houses
