Multiple Choice
Which of these is an example of trade?
a) driving a truck
b) swapping goods
c) living on a farm
b) swapping goods
True or False: Scarcity is when there is not enough of something.
True
False
True
What is the connection between work and money?
People work to make money.
Most goods in a store come from where?
a) the park
b) a school
c) somewhere else
c) somewhere else
True or False: Cranberries grow best in Central Jersey.
True
False
False
How much is a nickel worth?
5 cents
Which of these is an example of a want, not a need?
a) pet
b) food
c) clothes
a) pet
True or False: A budget helps a family to plan and keep track of the money they spend.
True
False
True
How many quarters are in a dollar?
4