Economics Review

Economics Review

3rd Grade

28 Qs

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Economics Review

Economics Review

Assessment

Quiz

Social Studies

3rd Grade

Easy

Created by

Jessica Gross

Used 2+ times

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28 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of natural (land) resources?

Things from nature used in making or producing a product

Things made in factories

Things bought at stores

Things used for fun

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of human (labor) resources?

A person who does the labor (work), both physical and mental

A machine that works

A type of animal

A kind of plant

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a human resource?

Teacher

Tree

Car

Water

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of capital resources?

Things used to produce goods and services

Things found in nature

Things used for fun

Things to eat

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a capital resource?

Water

Farmer

Cows

Tractor

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a government service?

Fire Department

Video games

Candy stores

Movie theaters

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do entrepreneurs do?

Take risks using land, labor, and capital to make a profit

Only buy goods from producers

Only plant trees

Only drive trucks

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