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Economics

Authored by PAISHANN CURTIS

Social Studies

2nd Grade

Used 8+ times

Economics
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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does a baby sitter provide ?

good

service

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A resource that comes from nature such as water and trees is called a ___________ _________.  

natural resource
intermediary resource
capital resource
human resource

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the definition of scarcity?

the good things about a choice

what you must pay for an item

when the item you want is hard to find

an extra reason to purchase something

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the definition of a cost?

the positive effect

the negative effect

the decision you make

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the definition of a benefit?

the good things about a choice

something that was given up when you made a decision

an extra reason to purchase something

the amount of people who want to purchase an item

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

The people who buy or purchase goods or services.

services

goods

consumers

producers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where buyers and sellers exchange goods and services.

government

economics

market

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