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Fifth Grade (Grade 5) Economics Questions

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Grade 5 :: Economics by tomyraredman
Grade 5 :: Economics by AmySakowitz
Items brought into a country are called
  1. exports
  2. goods
  3. imports
  4. services
Grade 5 :: Economics by tomyraredman
The money people earn for their work.
  1. deposit ticket
  2. endorse
  3. income
  4. personal check
Grade 5 :: Economics by tomyraredman
A business that provides money-related services
  1. ATM
  2. Board of directors
  3. Credit union
  4. Financial institution
Grade 5 :: Economics by tomyraredman
A group of people chosen to manage or direct a business or organization
  1. ATM
  2. Board of directors
  3. Credit union
  4. Financial institution
Grade 5 :: Economics by AmySakowitz
Grade 5 :: Economics by AmySakowitz
Scarcity is
  1. a time when a consumer is afraid to spend money
  2. a time when there is a surplus of goods
  3. a time when there is not enough of something to go around
  4. a time when there is not enough money in the bank
Grade 5 :: Economics by AmySakowitz
The type of system the United States uses for buying and selling is called a
  1. free system
  2. consumer driven system
  3. market system
  4. democratic system
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