Economic Choices
Authored by Jyade Gabriel
Social Studies
4th - 5th Grade
Used 19+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the way people, businesses, and governments manage money.
Economics
Supply
Demand
Scarcity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In economics, a __________could be money, a person, or a natural product that can be used to meet needs.
Opportunity Cost
Resource
Government
None of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A _______occurs when not enough of a product is available now.
Scarcity
Shortage
Abundance
None of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A _________occurs when there are not enough resources available to meet demand.
Shortage
Abundance
Scarcity
All of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Abundance means . . .
Less
Scarcity
Shortage
Plenty
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of something that is available for sale.
Demand
Abundance
Supply
Economics
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of something that people need or want and are willing to buy.
Demand
Supply
Opportunity Cost
None of the above
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