
Economics Review

Quiz
•
Social Studies
•
2nd Grade
•
Hard
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
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
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