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Understanding Economics: Needs and Resources

Authored by MICHELLE HUEBEL

Social Studies

4th Grade

Used 5+ times

Understanding Economics: Needs and Resources
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20 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is something you must have to live, like food or water?

Want

Need

Service

Producer

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is an example of a want?

Air

Water

Video game

Shelter

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What do we call things that people make or grow to sell?

Services

Goods

Needs

Consumers

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Who are the people that use goods and services?

Producers

Consumers

Distributors

Resources

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is scarcity?

Having too much of something

Not having enough of something

Making goods

Using services

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of these is a natural resource?

Computer

Teacher

Water

Factory

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What do we call resources that can be replaced, like trees?

Nonrenewable resources

Renewable resources

Capital resources

Human resources

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