Economics

Economics

5th Grade

10 Qs

quiz-placeholder

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Economics

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Assessment

Quiz

Social Studies

5th Grade

Medium

Created by

Tayyaba GWC

Used 15+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of exchanging goods and services for money called?
Lending
Borrowing
Investing
Trading

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of selling a product for a higher price than it was purchased for called?
Profitability
Merchandizing
Marketing
Profiteering

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of buying goods and services from one country and selling them in another called?
Manufacturing
Importing
Exporting
Trading

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of exchanging goods or services without the use of money called?
Marketing
Bartering
Investing
Manufacturing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of establishing a business or businesses to produce and/or sell goods and services to make a profit called?
Trading
Bartering
Investing
Entrepreneurship

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of buying goods or services from another country called?
Importing
Borrowing
Trading
Exporting

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of sending goods and services from one country to another called?
Investing
Bartering
Manufacturing
Exporting

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