Economics - 4th Grade

Economics - 4th Grade

4th Grade

12 Qs

quiz-placeholder

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Assessment

Quiz

Social Studies

4th Grade

Practice Problem

Medium

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The practice of making one's living by engaging in commerce is

Goods

Taxes

Business

Slogan

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

An amount of money that a government requires people to pay according to their income and the value of their property. This money is used to pay for the things done by the government.

Loan

Funding

Profits

Taxes

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Goods that are made and used to produce other goods and services are called ___________________.

Capital Resources

Profits

Loans

Funding

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A person or organization that buys goods or services from a store or business is called a _______________________.

Slogan

Customer

Marketing Plan

Profit

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The action of helping or doing work for someone is called a _______________________.

Slogan

Profit

Service

Good

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something are ________________.

Profits

Goods

Loans

Marketing Plans

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A person who organizes and operates a business or businesses, taking on greater than normal financial risks is called an ___________________________.

Loan

Customers

Funding

Entrepreneur

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