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Grade 6 Social Studies · Economics and Resources

Grade 6 Economics and Resources Practice Test

Build Grade 6 Social Studies skills with five 10-question practice tests on scarcity, resources, production, consumption, trade, markets, opportunity cost, budgeting, economic systems, and sustainability.

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.

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Grade 6 Economics and Resources Practice Tests

A 10-question Grade 6 Social Studies practice test on scarcity, needs, wants, resources, production, consumption, trade, markets, opportunity cost, budgeting, economic systems, and sustainability.

Identify the economic concept in each question, compare limited resources with wants, and use the evidence about choices, production, trade, markets, or sustainability to select the best answer.

10 Questions
0/10 Questions0 %
Correct 0
Incorrect 0
Unanswered 10
1. QuestionMultiple choice

What is a producer?

Please select an answer first.

Correct answer: A

The correct answer is A person or organization that makes goods or provides services.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Producers organize resources to create goods or services for themselves or others.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Producers organize resources to create goods or services for themselves or others.

2. QuestionMultiple choice

What is a consumer?

Please select an answer first.

Correct answer: B

The correct answer is A person or organization that uses or buys goods and services.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Consumers make choices about which goods and services to purchase or use.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Consumers make choices about which goods and services to purchase or use.

3. QuestionMultiple choice

What is a good?

Please select an answer first.

Correct answer: C

The correct answer is A physical object that people can buy, sell, or use.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Food, clothing, books, furniture, and tools are examples of goods.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Food, clothing, books, furniture, and tools are examples of goods.

4. QuestionMultiple choice

What is a service?

Please select an answer first.

Correct answer: D

The correct answer is An activity or task performed to meet a need or want.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Transportation, medical care, teaching, repairs, and haircuts are examples of services.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Transportation, medical care, teaching, repairs, and haircuts are examples of services.

5. QuestionMultiple choice

Why do producers specialize?

Please select an answer first.

Correct answer: A

The correct answer is Specialization can help workers or businesses become more efficient at particular tasks..

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Focusing on a task can increase productivity, improve skill, and support trade with others.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Focusing on a task can increase productivity, improve skill, and support trade with others.

6. QuestionMultiple choice

What is division of labor?

Please select an answer first.

Correct answer: B

The correct answer is Breaking production into separate tasks completed by different workers or groups.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Division of labor can increase efficiency when workers specialize in different parts of a production process.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Division of labor can increase efficiency when workers specialize in different parts of a production process.

7. QuestionMultiple choice

Why do consumers compare products and prices?

Please select an answer first.

Correct answer: C

The correct answer is Comparison helps them choose how to use limited income and find the value that best meets their needs..

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Consumers face opportunity costs and use information to make choices among alternatives.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Consumers face opportunity costs and use information to make choices among alternatives.

8. QuestionMultiple choice

What is productivity?

Please select an answer first.

Correct answer: D

The correct answer is The amount of goods or services produced with a given amount of resources.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Productivity measures how efficiently inputs such as labor, tools, time, and materials create output.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Productivity measures how efficiently inputs such as labor, tools, time, and materials create output.

9. QuestionMultiple choice

How can technology affect production?

Please select an answer first.

Correct answer: A

The correct answer is It can increase productivity, change the skills needed, reduce costs, or create new goods and services..

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Technology changes how resources are combined and can improve output while creating new trade-offs.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Technology changes how resources are combined and can improve output while creating new trade-offs.

10. QuestionMultiple choice

Why can producers and consumers depend on one another?

Please select an answer first.

Correct answer: B

The correct answer is Producers supply goods and services, while consumer demand provides revenue and signals what people value..

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Economic activity connects production and consumption through exchange, prices, and needs.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Economic activity connects production and consumption through exchange, prices, and needs.

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Frequently asked questions about Grade 6 Economics and Resources

What topics are covered?

The page covers scarcity, needs, wants, opportunity cost, resources, production, consumption, goods, services, specialization, trade, markets, supply, demand, incentives, budgets, saving, economic systems, conservation, pollution, and sustainability.

How should students analyze an economics question?

Identify the scarce resource or choice, determine who produces or consumes, compare costs and benefits, and consider how incentives, trade, markets, or environmental effects influence the result.

How many questions are on this page?

The page includes five mini tests with 10 questions each, for 50 Grade 6 Economics and Resources questions in total.