are you smarter than a 5 th grader? economics

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Are You Smarter Than a 5 th Grader? Economics

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Are You Smarter Than a 5 th Grader? Economics. 1,000,000. 500,000. 300,000. Question 1. Question 2. Are You Smarter Than a 5 th Grader?. 175,000. 100,000. Question 3. Question 4. 50,000. Question 5. Question 6. 25,000. 10,000. Question 7. Question 8. 5,000. 2,000. - PowerPoint PPT Presentation

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Page 1: Are You Smarter  Than a 5 th  Grader? Economics

Are You Smarter Than a 5th Grader?

Economics

Are You Smarter Than a 5th Grader?

Economics

Page 2: Are You Smarter  Than a 5 th  Grader? Economics

Are You Smarter Than a 5th Grader?

Are You Smarter Than a 5th Grader?

1,000,000

Question 1Question 1 Question 2

Question 3Question 3 Question 4

Question 5Question 5 Question 6

Question 7Question 7 Question 8

Question 9Question 9 Question 10

500,000

300,000

175,000

100,000

50,000

25,000

10,000

5,000

2,000

1,000

Page 3: Are You Smarter  Than a 5 th  Grader? Economics

Question 1 Question 1 In economics, there are natural and non-

natural resources. Which of the following statements could describe a non-natural resource?

A. They are found in rocks and soils. B. They could be made by people in factories. C. They are made by the forces of nature. D. They could be found in the rivers and

oceans.

In economics, there are natural and non-natural resources. Which of the following statements could describe a non-natural resource?

A. They are found in rocks and soils. B. They could be made by people in factories. C. They are made by the forces of nature. D. They could be found in the rivers and

oceans.

Page 4: Are You Smarter  Than a 5 th  Grader? Economics

Question 1 Answer Question 1 Answer

B. They could be made by people in factories. B. They could be made by people in factories.

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Page 5: Are You Smarter  Than a 5 th  Grader? Economics

Question 2 Question 2 People use both natural and non-

natural resources. Which of the following are examples of natural resources?

A. skills and abilities of the workers B. businesses and factories C. computers and faxes D. forests and water

People use both natural and non-natural resources. Which of the following are examples of natural resources?

A. skills and abilities of the workers B. businesses and factories C. computers and faxes D. forests and water

Page 6: Are You Smarter  Than a 5 th  Grader? Economics

Question 2 Answer Question 2 Answer

D. forests and water D. forests and water

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Page 7: Are You Smarter  Than a 5 th  Grader? Economics

Question 3Question 3 In economics, there are renewable and

nonrenewable resources. Which of the following is an example of a nonrenewable natural resources?

A. soil B. coal C. trees D. water

In economics, there are renewable and nonrenewable resources. Which of the following is an example of a nonrenewable natural resources?

A. soil B. coal C. trees D. water

Page 8: Are You Smarter  Than a 5 th  Grader? Economics

Question 3 Answer Question 3 Answer

B. coal B. coal

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Page 9: Are You Smarter  Than a 5 th  Grader? Economics

Question 4Question 4 In economics, there are goods and services.

Which sentence describes a good? A. Goods are objects that people are paid to

make. B. Goods are resources found in nature. C. Goods are jobs people do to help other

people. D. Goods are people and places.

In economics, there are goods and services. Which sentence describes a good?

A. Goods are objects that people are paid to make.

B. Goods are resources found in nature. C. Goods are jobs people do to help other

people. D. Goods are people and places.

Page 10: Are You Smarter  Than a 5 th  Grader? Economics

Question 4 Answer Question 4 Answer

A. Goods are objects that people are paid to make.

A. Goods are objects that people are paid to make.

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Page 11: Are You Smarter  Than a 5 th  Grader? Economics

Question 5Question 5 Which of the following jobs would

MOST LIKELY be identified with the Northwest?

A. cattle rancher B. corn farmer C. diamond miner D. lobster fisherman

Which of the following jobs would MOST LIKELY be identified with the Northwest?

A. cattle rancher B. corn farmer C. diamond miner D. lobster fisherman

Page 12: Are You Smarter  Than a 5 th  Grader? Economics

Question 5 Answer Question 5 Answer

D. lobster fisherman D. lobster fisherman

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Page 13: Are You Smarter  Than a 5 th  Grader? Economics

Question 6Question 6 People use both natural and non-

natural resources. Which of the following is an example of a non-natural resource?

A. oil B. gold C. water D. plastic

People use both natural and non-natural resources. Which of the following is an example of a non-natural resource?

A. oil B. gold C. water D. plastic

Page 14: Are You Smarter  Than a 5 th  Grader? Economics

Question 6 Answer Question 6 Answer

D. plastic D. plastic

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Page 15: Are You Smarter  Than a 5 th  Grader? Economics

Question 7Question 7 People use natural and human

resources. Which of the following is an example of a natural resource?

A. machines used by the worker B. oil used to heat the factory C. people in the factories D. skills of the worker

People use natural and human resources. Which of the following is an example of a natural resource?

A. machines used by the worker B. oil used to heat the factory C. people in the factories D. skills of the worker

Page 16: Are You Smarter  Than a 5 th  Grader? Economics

Question 7 Answer Question 7 Answer

B. oil used to heat the factory B. oil used to heat the factory

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Page 17: Are You Smarter  Than a 5 th  Grader? Economics

Question 8Question 8 People cannot have everything that they

want, therefore, they will have to choose what they want the most. The economic term that best explains why people cannot have everything they want is

A. goods. B. scarcity. C. services. D. barter.

People cannot have everything that they want, therefore, they will have to choose what they want the most. The economic term that best explains why people cannot have everything they want is

A. goods. B. scarcity. C. services. D. barter.

Page 18: Are You Smarter  Than a 5 th  Grader? Economics

Question 8 Answer Question 8 Answer

B. scarcity. B. scarcity.

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Page 19: Are You Smarter  Than a 5 th  Grader? Economics

Question 9Question 9 People use both natural resources

and non-natural resources. Which is a definition of a natural resources?

A. anything from the physical environment B. work that people do in the environment C. services that people do for other people D. material objects made in factories

People use both natural resources and non-natural resources. Which is a definition of a natural resources?

A. anything from the physical environment B. work that people do in the environment C. services that people do for other people D. material objects made in factories

Page 20: Are You Smarter  Than a 5 th  Grader? Economics

Question 9 Answer Question 9 Answer

A. anything from the physical environment

A. anything from the physical environment

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Page 21: Are You Smarter  Than a 5 th  Grader? Economics

Question 10Question 10 Some people sell goods, while other

people sell services. Which of the following people sell a service?

A. fisherman B. farmer C. miner D. teacher

Some people sell goods, while other people sell services. Which of the following people sell a service?

A. fisherman B. farmer C. miner D. teacher

Page 22: Are You Smarter  Than a 5 th  Grader? Economics

Question 10 Answer Question 10 Answer

D. teacher D. teacher

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Page 23: Are You Smarter  Than a 5 th  Grader? Economics

Million Dollar QuestionGrade Level Topic 11

Million Dollar QuestionGrade Level Topic 11

Page 24: Are You Smarter  Than a 5 th  Grader? Economics

1,000,000 Question1,000,000 Question People use natural and man-made

resources. Which of the following is NOT a natural resource?

A. oil B. fish C. wood D. plastic

People use natural and man-made resources. Which of the following is NOT a natural resource?

A. oil B. fish C. wood D. plastic

Page 25: Are You Smarter  Than a 5 th  Grader? Economics

1,000,000 Answer 1,000,000 Answer

D. plastic D. plastic

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Page 26: Are You Smarter  Than a 5 th  Grader? Economics

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