LA History Ch. 25 Review

LA History Ch. 25 Review

3rd Grade

20 Qs

quiz-placeholder

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LA History Ch. 25 Review

LA History Ch. 25 Review

Assessment

Quiz

History

3rd Grade

Easy

Created by

Kelly Ramsay

Used 2+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for how much people want something?

Demand

Supply

Price

Quality

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the amount of money something costs?

Price

Quality

Surplus

Barter

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for when people try to get the same thing?

Competition

Surplus

Barter

Supply

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to prices if demand is greater than supply?

Producers increase prices

Producers decrease prices

Prices stay the same

Stores close down

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do producers increase prices when demand is greater than supply?

To earn more by selling items for a higher price

To make people happy

To give away free items

To reduce the number of stores

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens if supply is greater than demand?

Producers increase prices

Producers decrease prices

Stores close

People stop buying

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to the price of sand buckets when demand is high?

The price increases

The price decreases

The price stays the same

Buckets are free

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