One important reason Virginia and the U.S. trade with other nations is...

Economics

Quiz
•
Social Studies
•
6th - 8th Grade
•
Medium
Kelly Wilson
Used 12+ times
FREE Resource
37 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
sell goods outlawed by U.S. consumer laws
buy things we cannot produce here
decrease the number of jobs
control the worldwide cost of goods
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of goods on hand that producers can sell to consumers is known as...
supply
demand
opportunity cost
scarcity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic concept is represented by the vehicle in this cartoon?
profit
incentive
trade
demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Only one store in Collinsvile sells a new popular toy. The store only has a few of the toy left, and they cannot get anymore. What wil probably happen?
The price of the toy will go up
the store will close
people will lose interst in the toy
No one will buy the toy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Title?
more products = low prices
fewer products = higher prices
more demand = higher prices
less demand = lower prices
What would be the BEST title for the text?
Factors of Production
Economic Systems
Production and Distribution
Supply & Demand Determine Price
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Using goods and services is called...
consumption
production
scarcity
choice
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who starts a business to fulfill a need or want is called...
employee
executive
entrepreneur
boss
Create a free account and access millions of resources
Similar Resources on Quizizz
40 questions
Economics of Africa Review

Quiz
•
7th Grade
40 questions
Unit 6 Louisiana History Modified

Quiz
•
8th Grade
34 questions
Unit 7: Economics-Businesses & Individuals

Quiz
•
7th Grade
35 questions
Unit Three SWA Gov/Econ Test

Quiz
•
7th Grade
35 questions
SE Asia Economic Systems

Quiz
•
7th Grade
32 questions
Africa Government and Economics - Unit 4 & 5

Quiz
•
7th Grade - University
34 questions
SWA Econ Review

Quiz
•
7th Grade
39 questions
Unit 3 Government and Economics

Quiz
•
6th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
Discover more resources for Social Studies
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
6 questions
Earth's energy budget and the greenhouse effect

Lesson
•
6th - 8th Grade
15 questions
SMART Goals

Quiz
•
8th - 12th Grade
36 questions
SEA 7th Grade Week 3 Review FINAL 2025

Quiz
•
7th Grade
20 questions
Multiplying and Dividing Integers

Quiz
•
7th Grade
15 questions
Fast food

Quiz
•
7th Grade