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    Second Grade
    Today

    Unit test · Weeks 25–30 · 20–25 min · 32 points

    Social Studies Unit 5 Test: Economics: Needs, Wants & Choices

    Name Date

    Part 1: Needs & Wants

    Read each question. Circle or write your answer.

    1. Which one is a need?a warm coata toy robota sticker
    2. Shelter is a need. What is shelter?
    3. Sam says a video game is a need. Is Sam right? Tell why.
    4. A child in a cold place and a child in a hot place both need ________, but the kinds are different.

    Part 2: Goods & Services

    Read each question. Circle or write your answer.

    1. A dog walker walks your dog. Is this a good or a service?goodservice
    2. A box of crayons. Is this a good or a service?goodservice
    3. A farmer sells eggs at a market. Ana buys the eggs. Who is the consumer?the farmerAna
    4. A baker needs flour, an oven and hours of work to make bread. Why does bread cost money?

    Part 3: Money & Choices

    Read the price list. Use it to answer the first two questions.

    The School Fair Table

    You have 8 cents to spend. A pencil costs 3 cents. An eraser costs 2 cents. A bookmark costs 4 cents. A sticker sheet costs 5 cents.

    1. Can you buy the bookmark and the sticker sheet? Tell why or why not.
    2. You buy the pencil and the eraser. How many cents do you have left?
    3. You can pick the sticker sheet or the bookmark, but not both. You pick the sticker sheet. What did you give up?
    4. A puzzle costs 15 dollars. Sam saves 3 dollars each week. How many weeks will it take to save enough?

    Part 4: Short Response

    Write two or three sentences for each question.

    1. What does scarcity mean? Tell about a time you could not have everything you wanted. What did you choose, and what did you give up?
    2. Why do people trade with people in other places? Why does money make trading easier than swapping things?