Year 6 Economics Formative Quiz

Year 6 Economics Formative Quiz

6th Grade

10 Qs

quiz-placeholder

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Year 6 Economics Formative Quiz

Year 6 Economics Formative Quiz

Assessment

Quiz

Business

6th Grade

Medium

Created by

Maylaa Ajaj

Used 4+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a consumer (for business)?

a person who purchases goods and services for personal use.

A person that eats something.

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Hey there, savvy spenders! Can you spot two examples of 'False Economy' from the list below? Imagine Ethan and Hannah are trying to save money, but they might be falling into a trap. Help them out!

Cash

AfterPay

Coupon

EFTPOS

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or false:

A data analyst is a person who analyses data for businesses; this helps them make decisions about their products and how to sell them for more profit.

True

False

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Imagine you're exploring a bustling marketplace. What's your main mission as a consumer in this vibrant scene?

To produce goods and services.

To purchase and use goods and services.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Imagine Olivia is on a shopping adventure! Which of the following best describes her decision-making process?

Analysing market trends and setting prices.

Evaluating product options and making purchases.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Imagine you're a detective like Lily, trying to solve the mystery of why some businesses thrive while others don't. How does consumer behavior play a role in this business puzzle?

It determines the demand for products and services.

It has no impact on business operations.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Imagine you're Ryan, and you're about to buy the coolest gadget on the market. What factors would sway your decision?

Brand reputation and price.

Weather conditions and time of day.

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