Markets & The Circular Flow

Markets & The Circular Flow

Assessment

Assessment

Created by

Jill Capalbo

Social Studies

9th - 12th Grade

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10 questions

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1.

MULTIPLE CHOICE

30 sec • 1 pt

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In terms of resources, what do households provide for businesses?

2.

MULTIPLE CHOICE

30 sec • 1 pt

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T/F: Markets tend to circulate resources, goods, & money through the four sectors of the economy continuously.

3.

MULTIPLE CHOICE

30 sec • 1 pt

Where are factors of production (land, labor, etc) exchanged in the circular flow model?

4.

MULTIPLE CHOICE

30 sec • 1 pt

Someone buys a car in exchange for a large amount of money. They have completed an exchange in which part of the circuclar flow model?

5.

MULTIPLE CHOICE

30 sec • 1 pt

A farmer's market is an example of

6.

MULTIPLE CHOICE

30 sec • 1 pt

Anything that brings buyers and sellers together is referred to as a...

7.

MULTIPLE CHOICE

30 sec • 1 pt

An example of a cyber market is...

8.

MULTIPLE CHOICE

30 sec • 1 pt

Do households need business or do businesses need households?

9.

MULTIPLE CHOICE

30 sec • 1 pt

When you are woking and earning money, you are part of the...

10.

MULTIPLE CHOICE

30 sec • 1 pt

True or false: A yard sale is considered a market

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