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Second Grade (Grade 2) Economics Questions

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Grade 2 Economics
Which product is not made from a natural resource?
  1. a television
  2. a picnic table
  3. a newspaper
  4. clothes
Grade 2 Economics
What is the benefit of saving money?





What is the benefit of spending money?
Grade 2 Economics
A                 is something you must have to live.
  1. want
  2. need
Grade 2 Economics
Give an example of a time that you were a consumer. Tell what good or service you bought and the price you paid.
Grade 2 Economics
A                 is a place to live.
  1. service
  2. shelter
Grade 2 Economics
What is not a basic need?
  1. clothes
  2. shelter
  3. vacation
  4. food
Grade 2 Economics
A                 is something useful that people do for others.
  1. flow chart
  2. service
Grade 2 Economics
                is sending goods to a country and then getting other goods back.
  1. Factory
  2. Trade
Grade 2 Economics
                are ways people and products move from place to place
  1. Communication
  2. Production
  3. Transportation
  4. Collection
Grade 2 Economics
Currency, Cash and checks are all a part of           [Money]          
Grade 2 Economics
A             [Capital]             Resource is when you make a good to help make another good or service. A Tool
Grade 2 Economics
Give an example of a time that you were a consumer. Tell what good or service you bought and the price you paid.
Grade 2 Economics
Give one example of a resource.
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