1) What does an economy refer too? a) How people make and spend their money b) How people work and play in their community. c) How people break and follow laws. d) How people eat and sleep at home. e) What people say and do. f) What our clues and schema are. 2) Our economy has to do with how many _____ and ______ it produces. a) toys and food b) friends and foes c) good and bad d) goods and services e) money and jobs f) help and support 3) Our economy's success is also based on how much _______ people have to spend on goods and services. a) time b) thought c) care d) consumer e) producer f) money 4) All of our goods and services are produced by... a) people b) money c) resources d) thoughts e) government officials f) police 5) How many kinds of resources are there? a) 5 b) 3 c) 2 d) 1 e) 9 f) 7 6) Which type of resource is produced in the outdoors and happens naturally? a) Capital b) Human c) Boogial d) Chemical e) Natural f) Tropical 7) Which type of resource is made up of people doing jobs? a) Capital b) Human c) Boogial d) Chemical e) Natural f) Tropical 8) Which type of resource is used to make other resources? Things like machines, buildings, and tools. a) Capital b) Human c) Boogial d) Chemical e) Natural f) Tropical 9) What is a producer? a) Something you can hold and buy. b) Someone who makes things. c) Someone who cares a lot about the environment. d) Someone who works from home. e) Something that is made in nature. f) Something heavy with a lot of color. 10) What is a consumer? a) Someone who buys things. b) Someone who works hard. c) Someone who cares a lot about the community. d) Someone who provides a service.  e) Someone who reads well. f) Something that has a lot of color. 11) Which option below is a good? a) teaching b) cutting hair c) playing guitar d) a guitar e) keeping people safe f) making people food 12) Which below is a service? a) a table b) a TV c) a playstation d) teaching kids e) paper f) A pencil 13) What is an economic choice? a) How people work. b) How people decide to spend their money. c) How people decide to spend their free time. d) How people decide where to work. e) How people do at work. f) How people express their needs. 14) Why do people make economic choices? a) To be nice to others. b) because you can do whatever you want c) because people need goods and services d) to help the government e) because you can't have everything you want f) to show people what you know 15) What is an opportunity cost? a) the thing you miss out on when you buy something b) the thing you want c) something you can hold and buy d) the thing you choose to buy e) the thing you like the most f) something you do for others

Economics!

by
Print
Embed

Leaderboard

Visual style

Options

Switch template

Continue editing: ?