Economics
Social Studies
Economics starts at 2 and continues till grade 5.
QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in Economics.
How you perform is determined by your score and the time you take.
When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.
See sample questions for grade 3
If you have $10 and you spend $4 on a book, how much money do you have left?
If you save $2 every week, how much will you have after 4 weeks?
Is a bicycle a good or a service?
Is a doctor a producer or a consumer when treating patients?
What do we call people who buy and use goods and services?
What do we call the money people pay for using something, like renting a bike?
What do we call the price we pay to buy something?
What is a bank?
What is a budget?
What is the difference between a need and a want?
What is the main purpose of saving money?
What is the main reason people work?
What is the meaning of 'goods' in economics?
What is the meaning of 'supply' in economics?
A lemonade stand sells 10 cups for $1 each. If they sell all the cups, how much money do they make?
Describe one way people can earn money besides having a job.
Explain why people cannot have everything they want. Give one reason.
If you earn $3 for washing a car and $2 for walking a dog, how much money do you have in total?
Why is it important to make a budget before spending money?
