Wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Unit 1 TRADE

Total questions: 25

Worksheet time: 24mins

Name
Class
Date
1.

The exchange of goods and services is...

a)

trade

b)

goods

c)

services

d)

history

2.

Another word for GLOBAL is...

(a)  

3.

The United States is a ....

a)

continent

b)

country

4.

North America is a ...

a)

continent

b)

country

c)

ocean

5.

The study of how we use/spend money/ wealth is (a)  

6.
Question Image

Match the following

a)

the study of the past

1.

history

b)

the study of money/ resources

2.

economics

c)

the study of government/ laws

3.

civics

d)

the study of maps/ world

4.

geography

e)

ALL these are

5.

social studies

7.

THINGS that are made/ produced are...

(a)  

8.

items available in nature

a)

goods

b)

services

c)

resources

9.

ACTIONS we do for money

a)

goods

b)

services

c)

resources

10.

The exchange of goods, services, and resources is...

(a)  

11.

We DEPEND on each other for goods/ services/ resources. This is known as...

a)

independence

b)

interdependence

12.

The ​ (a)   of ​ goods and ​ (b)   is TRADE.

Choose from the below words
exchange
services
history
13.

WHY do we trade?

a)

to get the things we need/ want

b)

to help the environment

c)

to help the oceans

14.

The things we want and need creates...

a)

demand

b)

supply

c)

resources

d)

globe

15.

This is a ...

a)

good

b)

service

c)

resource

16.

This is a ...

a)

good

b)

service

c)

resource

17.

These are...

a)

goods

b)

service

c)

resource

18.
Question Image

Match the following

a)

bring into a country

1.

import

b)

ship out of a country

2.

export

c)

trade

3.

exchange of goods and services

d)

good

4.

THINGS we need/want

e)

service

5.

ACTIONs we need/want

19.

Which is the RESOURCE and which is the PRODUCT (Good)?

a)

1.

resources (forest/timber)

b)

2.

good (desk)

c)

3.

resource (crude oil)

d)

4.

product (gasoline)

e)

5.

good (lumber)

20.

We​ (a)   to meet the​ (b)   of people. ​

Choose from the below words
trade
demands
21.

Goods that we bring into the country are...

(a)  

22.

Goods that leave the country are...

(a)  

23.

All nations have imports and exports to meet our​ (a)   of ​ goods , services, and ​ (b)   We ​ (c)   on each other. This is called ​ (d)   .

Choose from the below words
demand
resources.
depend
interdependence
independence
dependence
24.

Label the continents and oceans

25.

Label the map