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Social Studies CRT
Test Description: First
Instructions: Answer all questions to get your test result.
1) A ___________ allows people to choose what to make or what to buy
A
profit
B
spending
C
Free Market
D
opportunity cost
2) __________is when you buy a piece of candy with your allowance money.
A
Value
B
Wants
C
Spending
D
Saving
3) What happens when there is not enough of something to meet people's needs and wants?
A
Abundance
B
Scarcity
C
Division of Labor
D
Opportunity cost
4) When businesses have money left after their costs are paid they have a?
A
profit
B
value
C
scarciy
5) A _________ is a picture than stands for an idea.
A
symbol
B
sculpture
C
dance
D
arts
6) What is it called when you break down a large project into smaller projects to get it done faster?
A
Division of Labor
B
Demand
C
Human Resource
D
Tradition
7) If you pay more for an item than another person, it is because?
A
the item is from the president
B
the item is large
C
the item is expensive
D
the item has more value to you
8) When do we celebrate Martin Luther King Jr?
A
January
B
March
C
December
D
August
9) What is the cultural group who have settled mostly in cities, speak Spanish and often have strong religious beliefs?
A
Mexican
B
Japanese American
C
Comanche
D
African American
10) A person who makes products or provides services is a_________?
A
Human Resource
B
free market
C
demand
D
opportunity cost
*select an answer for all questions
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