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economics review

economics review

Assessment

Flashcard

Social Studies

1st Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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20 questions

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1.

FLASHCARD QUESTION

Front

What is a good?

Back

things people buy and consume

2.

FLASHCARD QUESTION

Front

What is scarcity?

Back

having limited resources

3.

FLASHCARD QUESTION

Front

How are saving and spending different?

Back

Saving is keeping your money and spending is buying.

4.

FLASHCARD QUESTION

Front

What does a producer do?

Back

They make goods or provide a service for others.

5.

FLASHCARD QUESTION

Front

What does a consumer do?

Back

They use the goods and services provided by a producer.

6.

FLASHCARD QUESTION

Front

What can you use to save your money in? Options: a car, a bank, garden

Back

a bank

7.

FLASHCARD QUESTION

Front

If you want to buy something in the future you will need to....

Back

Save your money.

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