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WorksheetsEconomics Quiz-2nd Grade
Total questions: 12
Worksheet time: 18mins
Economics is the study of buildings.
True
False
Economics is the study of the economy (money) and how people consume different wants, needs, and services.
True
False
A good is _________________
helping people
being good
something you buy or use
making something
A service is __________.
a product
an action someone does for someone else
going to the store
a product you buy or use
An example of a good is......
getting a haircut
going to school
an apple
going to a baseball game
An example of a service is....
Getting a haircut
Buying a hat
Seeing a cat
Buying a pencil
Which of these is an example of a producer?
A school
A strawberry farm
A pickle
A house
Which is a consumer?
A farmer growing strawberries
A clown making a balloon animal
A teacher
A kid buying a candy bar
If the supply of something is LOW and the demand is HIGH than an item is considered _____
available
scarce
If the new X-Box has a low supply and high demand, it'll be ______
more expensive
cheap
Which of these is a want?
Apple
Clothes
Water
Toy
Which of these is a need?
Water
X-Box
Candy
New doll
