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Chapter 2 Review
Kirstin Vaughn
Created on March 5, 2025
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Transcript
Chapter 2 Review
Lesson 1: Goods and Services Lesson 2: Types of Resources Lesson 3: Economic Choices Lesson 4: Human Capital and Your Future
Start
Lesson 3
Chapter 2 Review
Complete the activity for each lesson and get a fantastic diploma
Lesson 1
Lesson 2
Lesson 4
Lesson 01
Question 01/03
1. Look at the picture. Then answer the question. Which word describes what you see in the picture?
needs
wants
consumer
2. Jasmine has a clothing store. She has decided to start exporting her products. What conclusion can you draw about Jasmine’s business?
Question 02/03
01
She will save money on shipping.
She will find it easier to get resources.
She will gain more customers.
3A. Look at the picture. Then choose the correct words to complete the sentences. This picture shows someone ________________________.
Question 03/03
shopping local
producing an item
01
trading for an item
Question 03/03
3B. Look at the picture. Then choose the correct words to complete the sentences. One reason he might do this is to ____________________.
support his community
carry out a responsibility
01
save on shipping costs
Perfect, you have passed!
Move on to the next lesson
Continue
Lesson 3
Lesson 1
Lesson 2
Lesson 4
Chapter 2 Review
Complete the activity for each lesson and earn a fantastic diploma
Lesson 02
Question 01/03
1. Look at the picture. Then answer the question. What capital resources are needed to produce what you see in the picture?
knowledge about farming, animals
tractors, plows, factories
cows, chickens, seeds
vegetables, animals
02
Question 02/03
6. Look at the picture. Then answer the question. What kinds of resources are shown in this picture?
natural and capital resources
human and capital resources
human and natural resources
capital and product resources
Question 03/03
3.Wood, water, wind, minerals, and soil are all examples of what?
natural resources
human resources
capital resources
02
Excellent, you have passed!
Move on to the next lesson
Continue
Lesson 3
Lesson 4
Chapter 2 Review
Complete the activity for each lesson and get a fantastic diploma
Lesson 1
Lesson 2
1. Amelia could only afford to buy one thing. She bought a new book instead of a video game. The video game is a(n) ______________________
need
adjustment
opportunity cost
Lesson 03
Question 01/03
2. What does benefit mean in economics?
The cost of something
A party with friends
The good things you get from a choice
Question 02/03
03
3. Marco wants to buy a gift for a friend and a new pair of shoes. He does not have enough money for both. Which solution to the problem would result in the highest benefits?
He does chores to earn extra money.
He chooses not to buy the gift.
He lists his options
Question 03/03
03
Great, you have passed!
Proceed to the next lesson
Continue
Lesson 3
Lesson 4
Lesson 1
Lesson 2
Chapter 2 Review
Complete the activity for each lesson and earn a fantastic diploma
producer
Lesson 04
Question 01/03
1. Nick helps out at a soup kitchen on weekends. Nick is a(n) __________.
volunteer
occupation
taxpayer
2. What is one way of investing in your future?
04
Question 02/03
going to the movies
buying what you want
learning good study habits
3. Matthew gets a summer job at the grocery story. Which is the best description of what Matthew is doing?
04
Question 03/03
developing good study habits
increasing his human capital
using his capital resources
Perfect, you have passed!
You have earned your diploma
Continue
Chapter 2 Review
Let's go!
Great! You have passed all the lessons. Now, get your diploma
Middlesboro Elementary School
Congratulations!
Chapter 2 Diploma
Congratulations! You have passed all of the lessons for Chapter 2! Good luck on your test tomorrow!
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