Business

Business

5th Grade

15 Qs

quiz-placeholder

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Financial Literacy

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Business

Assessment

Quiz

Business

5th Grade

Medium

Created by

Thesha Charles

Used 48+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Barter requires the use of Money.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Providing enough for oneself but not to improve your way of life is referred to as

Barter

Exchange Rate

Subsistence

Double coincidence of wants

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Two people who want what each other has to offer is referred to as:

Divisibility of goods

Exchange Rate

Business activity

Double coincidence of wants

4.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Early man lived in a _______________ economy.

5.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Identify the items which were used as money

Coins

Paper money

Dog teeth

Shells

Arrow heads

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Satisfying one's needs with the aid of others

Direct production

Barter

Indirect production

Farming

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which function of money places a value on items?

Portable

Store of Value

Divisible

Measure of Value

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