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Economics Questions - All Grades

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Grade 3 Economics
What are goods and services offered by businesses?
  1. sale items
  2. products
  3. inventions
  4. companies
Grade 12 Economics
Grade 2 Economics

This question is a part of a group with common instructions. View group »

Grade 3 Economics
How do businesses help people in a community?
  1. They provide the things people want and need.
  2. They grow food to sell to shops.
  3. They make laws to keep a community safe.
  4. They help maintain a community's climate.
Grade 8 Economics
Grade 6 Economics
Jada is always at the mall shopping. She is a product
  1. exporter
  2. importer
  3. consumer
  4. overhead
Grade 6 Economics
Grade 3 Economics
Henry Ford sold more cars at a lower price by doing what?
  1. using cheaper materials
  2. making smaller cars
  3. paying his employees less
  4. using an assembly line
Grade 9 Economics
What is a tariff?
  1. an economic system
  2. a tax
  3. a shipping vessel
  4. an international law
Grade 2 Economics

This question is a part of a group with common instructions. View group »

Grade 2 Economics
What is the study of the way we use goods and money?
  1. geography
  2. economics
  3. history
  4. culture
Grade 2 Economics
A service is                                    .
  1. a thing you can touch.
  2. whether a thing is worth the price.
  3. a thing a person does for you.
  4. a problem.
Grade 2 Economics
A good is                               .
  1. a thing you can touch.
  2. a thing you can hear.
  3. a thing a person does for you.
  4. a thing you do for money.
Grade 7 Economics
Opportunity cost is
  1. the loan you choose not to take out
  2. the cost for starting a business
  3. the benefit you give up by choosing to do one thing instead of another
  4. none of the above
Grade 7 Economics
Grade 7 Economics
The United States has which type of economy?
  1. market
  2. command
  3. traditional
  4. mixed
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