Social Studies

5th -

6thgrade

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Economics

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16 questions

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  • 1. Multiple Choice
    1 minute
    1 pt

    A person who starts their own business is called a/an

    Produced

    Consumer

    Entrepreneur

    Want

  • 2. Multiple Choice
    1 minute
    1 pt

    Last spring, toilet paper was an example of a SHORTAGE/SCARCITY.

    True

    False

  • 3. Multiple Choice
    1 minute
    1 pt

    When many people want to buy the same item, it is considered to be

    low in demand

    high in demand

    a producer

    a consumer

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