Economics -Part 2
Social Studies
4th Grade
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
trading of objects or ideas
circular flow
income
exchange
price
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the money people earn by working
profit
income
demand
supply
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the pattern in which goods, services, and resources flow in the market place
price
circular flow
substitute goods
exchange
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the amount paid for a good or service
demand
specialization
incentive
price
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a good used in place of another
substitute goods
price
exchange
income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
how many goods and services are produced
incentive
productivity
export
division of labor
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a product sent to another country to be sold
circular flow
income
price
export
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