Money & Savings
Authored by Emmanuel Nelfrard
Social Studies
1st Grade
Used 32+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Why do people save money?
A) They like to spend paper bills and coins.
B) They want to buy something later when they have enough money.
C) They want to sell things before they buy anything.
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Things that people make or use to satisfy wants are called what?
A) goods
B) buyers
C) choices
D) sellers
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When people cannot have all the goods and services they want they must make a choice.
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
People are consumers when they what?
A) make goods and services
B) buy or use goods and services
C) save their money to spend later
D) know all their choices
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which picture shows a consumer?
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which picture shows a producer?
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When people have a choice to make, what can help them decide?
A) A decision-making model
B) The ideas from a consumer
C) The ideas from a producer
D) Charts of goods and services
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