
Economics Quiz
Quiz
•
Financial Education
•
7th Grade
•
Hard
Zurika Mackenzie
FREE Resource
Student preview

7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the study of money and its history called?
Infrastructure
Bartering
Numismatics
Labour
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term refers to moving from one place to another without a permanent residence?
Face value
Nomadic
Producer
Savings
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the value printed on a coin or bank note known as?
Liabilities
Service
Promissory note
Face value
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term describes a written and signed document between two parties stating how and when to pay back an amount owed?
Capital
Goods
Bartering
Promissory note
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are things our survival depends on known as?
Goods
Labour
Wants
Needs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term refers to things we can see and touch?
Consumer
Budget
Service
Goods
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who buys the goods and services from the producer to satisfy needs and wants?
Consumer
Income
Asset
Profit
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