Economics Review

Economics Review

2nd Grade

8 Qs

quiz-placeholder

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Economics Review

Economics Review

Assessment

Quiz

Social Studies

2nd Grade

Hard

Created by

Jordyn Edwards

Used 9+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Thor tried to arrive at school early to get a cinnamon roll for breakfast. Which form of allocation is this?

force

authority

majority rule

first-come-first-served

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is not a service?

haircut

teaching

furniture

car repair

3.

DROPDOWN QUESTION

30 sec • 1 pt

A toy is an example of (a)   .

a good

agriculture

a service

tourism

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mr. O’Shay has three character pencils. Each student has a number. Mr. O’Shay draws three numbers from a box. The students who match the number receive a pencil. Which form of allocation is this?

authority

force

lottery

sharing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which science studies how people use resources to meet needs and wants?

economics

geography

history

linguistics

6.

DRAG AND DROP QUESTION

30 sec • 1 pt

Choose the word that best completes the sentence.

A brand new smartphone costs $1,500. Shanique buys an older phone for $550.

This is (a)   allocation.

authority

force

lottery

price

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which question does economics answer?

What gets produced (made)?

Where can you travel?

How big is something?

When do people move?

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A hurricane caused major damage to a city. The government seized control of all water resources. Officials passed out a limited amount of water to each family every day. Which form of allocation is this?

price

authority

majority rule

first-come-first-served