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Economic Decisions and Tradeoffs Worksheet

πŸ“ Worksheet hard ⏱️ 22 minutes 10 problems
Economic Decisions and Tradeoffs Worksheet
Grade 6 Social Studies LearnCrux.com
Name:
Date:
Directions
  • Fill in each blank carefully.
  • Circle or mark the best answer for each multiple-choice question.
  • Match each prompt to the best option before writing your answer.
  • Use the larger space to show your thinking on word problems.
1. If a community has limited money, it must make budget __.
2. Which example best shows a tradeoff?
3. Interdependence becomes stronger when specialization and __ increase.
4. Match the concept to the example: scarcity
Match with:
Answer:
5. Match the concept to the example: tradeoff
Match with:
Answer:
6. Match the concept to the example: interdependence
Match with:
Answer:
7. Why is economic thinking useful in social studies?
8. Which statement is most accurate?
9. A person buying goods is a __.
10. Why might the price of a product rise after a shipping problem?
πŸ“‹ Teacher Answer Key
1. choices
2. A city chooses road repair instead of building a new stadium this year.
3. trade
4. limited supply of a needed material
5. giving up one option to choose another
6. producers and consumers depend on one another
7. it helps explain choices tradeoffs trade and connected systems
8. Economic decisions often affect other people and places.
9. consumer
10. transport delays can reduce supply and increase the final cost