6th Grade Economics Pretest

6th Grade Economics Pretest

6th Grade

19 Qs

quiz-placeholder

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6th Grade Economics Pretest

6th Grade Economics Pretest

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

Danielle Mitchell

Used 29+ times

FREE Resource

19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Scarcity is...

A situation in which someone can meet the needs of their civilization but can't meet the needs of anyone else.

Having everything you want and need.

A situation in which wants exceed the resources available to fulfill those wants; when supply is less than demand

Only applying to goods and not services.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

 The choices consumers and businesses make have both present and future consequences.

True

False

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In economics, costs and benefits apply to...

Money and time

Enjoyment and Energy

Materials

All of the above.

4.

FILL IN THE BLANK QUESTION

3 mins • 1 pt

You have $20 dollars and can either spend it on a new game or a new shirt. You spend your money on the game. What is your opportunity cost?

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Trade off is...

The result of giving up one thing for another as part of a compromise.

The exact same thing as opportunity cost.

What happens in sports.

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Productive resources can not be used in different ways to produce different goods and services.

True

False

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Economic incentives such as wanting to acquire money or goods and services and wanting to avoid loss, powerfully affect the way people behave.

True

False

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