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Sixth Grade (Grade 6) Economics Questions

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Grade 6 Economics
The laws of supply and demand play important roles in this type of economy
  1. Traditional
  2. Command
  3. Market
  4. Planned
Grade 6 Economics
A tariff is a tax on                .
  1. exports
  2. food
  3. imports
  4. services
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
Entrepreneurs are motivated mainly by
  1. a need to be in charge.
  2. the desire for risk.
  3. the hope of making a profit.
  4. the need to repay their loans.
Grade 6 Economics
Making something into a finished product using raw materials is called                      ,
  1. economy
  2. manufacturing
  3. factors of production
  4. interdependence
Grade 6 Economics
What determines the prices of goods in a market economy?
  1. customs and traditions
  2. government agencies
  3. supply and demand
  4. customers
Grade 6 Economics
Unable to exist or survive without each other is called                      .
  1. service industry
  2. interdependence
  3. manufacturing
  4. factors of production
Grade 6 Economics
What is the primary way of transporting goods?
  1. Car
  2. Truck
  3. Ships
  4. Airplane
Grade 6 Economics
The resources used to provide goods and services are called                      .
  1. culture
  2. national identity
  3. economy
  4. factors of production
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