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Sixth Grade (Grade 6) Business Economics Questions

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Grade 6 Business Economics
Things used to produce goods and services.
  1. human resources
  2. resources
  3. business
  4. capital resources
Grade 6 Business Economics
If the demand is        high        the supply will be low.
Grade 6 Business Economics
The skills and abilities of workers used in production.
  1. responsibility
  2. right
  3. human resources
  4. capital resources
Grade 6 Business Economics
A system in which people and businesses buy and sell goods, services, and resources.
  1. market
  2. business
  3. community
  4. economy
Grade 6 Business Economics
Name the four most meaningful words in economic studies.
Grade 6 Business Economics
Things used in production that occur naturally in the world, such as water.
  1. natural resources
  2. inventory
  3. human resources
  4. citizen
Grade 6 Business Economics
What is the definition of 'scarcity'?
Grade 6 Business Economics
What is the definition of 'economics'?
Grade 6 Business Economics
What is the difference between a consumer and a provider?
  1. A consumer makes the item and the provider buys it
  2. Nothing, they are the same thing
  3. A producer makes the product and the consumer buys it
  4. None of the above
Grade 6 Business Economics
Give the definition for each word.
a) Commerce
b) Dividend
c) Industry
Grade 6 Business Economics
What is a capital?
Grade 6 Business Economics
A checker checks you out at Mr.D's. They are offering you a          service          .
Grade 6 Business Economics
A business is a place where people live, work, trade, and share.
  1. True
  2. False
Grade 6 Business Economics
What's the difference between an online auction site and an online shop?
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