Financial Literacy
1st - 3rd Grade
•20 Qs
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Financial Literacy
Quiz
•
Social Studies
•
1st - 3rd Grade
•
Medium
+7
Standards-aligned
E H
Used 868+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Going to work at a job is a way to....
get fired
earn money
make new friends
buy a motorcycle
Tags
CCSS.L.1.6
CCSS.L.3.6
CCSS.L.4.6
CCSS.RL.1.4
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Monica has a store selling her special t shirts. Everyone wants her shirts. Because there is a great demand for the shirts, Monica can....
make more shirts
lower the price of the shirts
raise the price of the shirts
sell matching shoes
Tags
CCSS.8.EE.B.5
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What would happen if Monica has to sell her shirts for less that it cost her to make them?
She would make no profit
She would make great profit
Nothing will happen
She would have to take out a loan
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Monica ran out of shirts to sell. Amazon did not have them either. This is an example of
supply
scarcity
demand
overspending
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Scarcity is
when there is too much of something
when there is too many of something
when there is not enough of something
when you are afraid to lose all your money
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Supply is
the things you need for school
having your school materials
wanting to buy more stuff
having enough materials
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you have to sell something for less than what you paid for it you will
make no profit
make a profit
break even
be a salesperson
Tags
CCSS.7.EE.B.3
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