Understanding Scarcity

Understanding Scarcity

4th Grade

5 Qs

quiz-placeholder

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Understanding Scarcity

Understanding Scarcity

Assessment

Interactive Video

Social Studies

4th Grade

Medium

Created by

Ryse Roerig

Used 3+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is scarcity?

Having no resources to meet any wants and needs

Having enough resources to meet all wants and needs

Having limited resources to meet unlimited wants and needs

Having unlimited resources to meet limited wants and needs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a money-related limitation?

Not having enough time to go to the movies

Not being able to afford a new video game system

Having too many chores to do

Tickets to a concert being sold out

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might prevent you from going to a concert even if you have the money and time?

The concert being too far away

The tickets being sold out

Not having anyone to go with

The concert being on a weekday

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do unlimited wants and needs push us to strive and achieve?

Because we don't care about resources

Because we have unlimited resources

Because we want to be lazy

Because we always think there is something more we want or need

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does scarcity affect our choices?

It makes us ignore our wants and needs

It forces us to make choices about how to use our limited resources

It allows us to fulfill all our wants and needs

It gives us unlimited resources