Introduction to Economics

Introduction to Economics

3rd Grade

15 Qs

quiz-placeholder

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Introduction to Economics

Introduction to Economics

Assessment

Quiz

Social Studies

3rd Grade

Practice Problem

Easy

Created by

Margaret de Leon

Used 80+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is something essential to staying alive.

wants

needs

services

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is something nice to have, but it is not necessary to stay alive.

wants

needs

services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you buy a good or service, you are a _________________.

seller

consumer

producer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _______________ is a person that makes or grows items or provides a service to others. They have something to sell.

buyer

consumer

producer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Earned money is called _____________.

tax

currency

income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plush toy is a ___________.

good

service

income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A car wash is a ___________.

good

service

income

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