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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 renewable resource?

Please select an answer first.

Correct answer: A

The correct answer is A resource that can naturally replenish in a reasonable period when managed carefully.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Sunlight, wind, and managed forests can be renewable, although use and environmental conditions matter.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Sunlight, wind, and managed forests can be renewable, although use and environmental conditions matter.

2. QuestionMultiple choice

What is a nonrenewable resource?

Please select an answer first.

Correct answer: B

The correct answer is A resource that forms so slowly that available supplies can be depleted.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Coal, oil, natural gas, and many minerals are nonrenewable on a human time scale.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Coal, oil, natural gas, and many minerals are nonrenewable on a human time scale.

3. QuestionMultiple choice

What is conservation?

Please select an answer first.

Correct answer: C

The correct answer is Protecting and using resources carefully to reduce waste and preserve them.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Conservation helps resources and ecosystems remain available and healthy over time.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Conservation helps resources and ecosystems remain available and healthy over time.

4. QuestionMultiple choice

What is sustainability?

Please select an answer first.

Correct answer: D

The correct answer is Meeting current needs while protecting the ability of future generations to meet theirs.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Sustainability balances economic, social, and environmental needs over the long term.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Sustainability balances economic, social, and environmental needs over the long term.

5. QuestionMultiple choice

Why can pollution be an economic problem?

Please select an answer first.

Correct answer: A

The correct answer is It can impose costs on people, businesses, governments, health, and ecosystems..

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Pollution can create external costs such as illness, cleanup, lost productivity, and environmental damage.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Pollution can create external costs such as illness, cleanup, lost productivity, and environmental damage.

6. QuestionMultiple choice

What is a budget?

Please select an answer first.

Correct answer: B

The correct answer is A plan for how income, time, or resources will be received and used.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Budgets help people, organizations, and governments plan spending, saving, and priorities under scarcity.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Budgets help people, organizations, and governments plan spending, saving, and priorities under scarcity.

7. QuestionMultiple choice

Why is saving part of a budget?

Please select an answer first.

Correct answer: C

The correct answer is Saving sets resources aside for future needs, goals, emergencies, or investments..

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Saving delays current consumption to support future stability or goals.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Saving delays current consumption to support future stability or goals.

8. QuestionMultiple choice

What is a market economy?

Please select an answer first.

Correct answer: D

The correct answer is An economy in which many decisions are guided by private choices, exchange, prices, and competition.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Market economies use decentralized decisions and price signals, though governments may still regulate them.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Market economies use decentralized decisions and price signals, though governments may still regulate them.

9. QuestionMultiple choice

What is a command economy?

Please select an answer first.

Correct answer: A

The correct answer is An economy in which a central authority makes many major production and allocation decisions.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Command economies rely more heavily on central planning, directives, and public control of resources.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Command economies rely more heavily on central planning, directives, and public control of resources.

10. QuestionMultiple choice

What is a mixed economy?

Please select an answer first.

Correct answer: B

The correct answer is An economy that combines private choices and markets with government rules or public programs.

  1. Identify the economics concept: Determine whether the question asks about scarcity, resources, production, consumption, trade, markets, money, or sustainability.
  2. Use the evidence: Most modern economies combine market activity with government regulation, taxation, services, and programs.
  3. Check the relationship: Connect choices, incentives, resources, prices, production, and environmental effects to confirm the answer.

Most modern economies combine market activity with government regulation, taxation, services, and programs.

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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.