Economics and Resources Practice Tests
These Grade 6 Social Studies practice tests help students explain how people and societies make choices when resources are limited. Students study scarcity, needs, wants, opportunity cost, natural and human resources, capital, production, consumption, specialization, trade, markets, supply, demand, incentives, budgets, economic systems, conservation, and sustainability.
Skills covered
- Explaining scarcity, needs, wants, trade-offs, opportunity cost, and economic choices
- Identifying land, labor, capital, entrepreneurship, natural resources, goods, services, producers, and consumers
- Understanding productivity, specialization, division of labor, technology, trade, comparative advantage, and markets
- Explaining incentives, demand, supply, competition, regulation, prices, and consumer choices
- Comparing renewable and nonrenewable resources, conservation, pollution, and sustainability
- Understanding budgets, saving, market economies, command economies, and mixed economies
How to use these practice tests
First identify the limited resource, choice, producer, consumer, or market relationship described in the question. Then ask what is being given up, how incentives affect decisions, and whether the resource can be renewed. For economic systems and sustainability questions, compare who makes decisions, how resources are allocated, and what effects may continue into the future.
For more Grade 6 Social Studies practice, return to the Grade 6 Social Studies category.