Economics Vocabulary - 2nd Grade

Economics Vocabulary - 2nd Grade

2nd Grade

12 Qs

quiz-placeholder

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Economics Vocabulary - 2nd Grade

Economics Vocabulary - 2nd Grade

Assessment

Quiz

Social Studies

2nd Grade

Hard

Created by

Traci Ratliff

Used 29+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Money that is earned from working is called -

income

goods

services

choices

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What are items called that can be purchased and consumed (used)?

consumers

services

goods

free enterprise

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is the act of doing work for someone called?

production

service

good

choice

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is a person who purchases goods and uses them called?

income

producer

choices

consumer

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is making a decision also known as?

a choice

free enterprise

income

consumer

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What type of system gives us choices in how we earn and spend our money?

production

free enterprise

services

income

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is honoring an occasion also known as?

freedom

present

celebration

past

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