Social Studies - Sufficiency Economy and Co-operatives

Social Studies - Sufficiency Economy and Co-operatives

5th Grade

15 Qs

quiz-placeholder

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Social Studies - Sufficiency Economy and Co-operatives

Social Studies - Sufficiency Economy and Co-operatives

Assessment

Quiz

Social Studies

5th Grade

Medium

Created by

Rachel Kloppers

Used 6+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the main objective of the Sufficiency Economy?

To gain the respect of others.

To create awareness to help others.

To allow individuals to become wealthier.

To enable people to be self-sufficient without exploiting others.

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

How many members makes a co-operative?

5 members

7 members

10 members

12 members

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

In what way does a co-operative increase their profits?

By selling their products directly to the customers from its stores, without the need of a middle man.

By buying products from the middleman who increases his prices.

By selling low quality goods to its customers.

By charging its customers high prices.

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What should a co-operative provide its members with?

Training and environment

High profits and interest

Education, training, and information

Expensive products and variety

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

How can students practice the Philosophy of Sufficiency Economy at home?

Buy lots of candy and eat junk food every day.

Keep library books at home.

Let the water run instead of turning off the tap.

Turn off the lights when you go out.

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A principle of sufficiency economy is to be a wasteful spender.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Co-operatives are dependent and reliant on the government.

TRUE

FALSE

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