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Personal finance review

Authored by Susan Aronstein

Social Studies

2nd Grade

Used 33+ times

Personal finance review
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

There are not enough resources for all the want.

opportunity cost

scarcity

resources

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is given up when a decision is made.

opportunity cost

scarcity

resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Ben was given a choice between a purple popsicle and red popsicle.   He choses the red popsicle. What is the opportunity cost?

red popsicle

purple popsicle

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Mean Jean grabbed the jump rope from Mary on the playground. How was the resource allocated?

Force

Price

First come, First serve

Contest

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Keegan used 5 tickets to buy a sweet treat from the treasure box.

Force

Price

First come, First serve

Contest

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Andrew got the only Lego set because he was the first one to the store.

Force

Price

First come, First serve

Contest

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Ivan received a new set of markers because he won the art competition.

Force

Price

First come, First serve

Contest

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