Intro to Economics

Intro to Economics

6th Grade

26 Qs

quiz-placeholder

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Intro to Economics

Intro to Economics

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

April Kelso

Used 80+ times

FREE Resource

26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The way the people around the world have become more connected politically, economically, and socially.

Globalization

International Trade

Opportunity Cost

Specialization

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

All economic decisions are made by the government.

Mixed Economy

Command Economy

Market Economy

Traditional Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sam loves science and wants to become a doctor but he is learning how to make clay bricks like his father and grandfather.

Command Economy

Market Economy

Traditional Economy

Market Economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Definition of Economics

The study of how people use resources to fulfill unlimited needs and wants. ​

The manufactured goods used to produce other goods and services.

One who organizes, manages, and assumes the risks of a business or enterprise.​

Natural resources present without human intervention.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is NOT a factor of production?

Land

Labor

Capital

Trading

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Elon Musk is the co-founder of Tesla. What is another word for someone who owns and takes on the risk of business?

Land

Entrepreneur

Capital

Labor

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

No government involvement in business.

Command System

Traditional System

Market System

Mixed System

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