Grade 1 Social Studies Practice Test: Needs, Wants, Goods and Services
- Needs, Wants, Goods and Services
- 10 questions
- 12 minutes
This test covers Grade 1 economics: needs and wants, goods and services, and making choices with money. Tip: a need is something you must have to live.
Tap an option to mark your answer. You can change your mind, or tap the same option again to leave the question blank. The correct answers and explanations appear when you finish the test.Tap an option to answer; tap it again to leave the question blank.
Your result
- 0 correct
- 0 wrong
- 0 blank
-
Question 1
Which of these is a need?
Correct answer: D
People need water to live. A video game, a toy car and candy are fun, but they are wants.
-
Question 2
Which of these is a want?
Correct answer: A
A toy robot is nice to have, but you can live without it, so it is a want. Food, warm clothes and a home are needs.
-
Question 3
Which three things are basic needs for all people?
Correct answer: B
Everyone needs food, clothing and shelter to live. The other groups are things people want.
-
Question 4
What does the word shelter mean?
Correct answer: A
Shelter is a place that keeps people safe from rain, cold and heat, such as a house or an apartment.
-
Question 5
A good is something you can touch and buy. Which of these is a good?
Correct answer: C
An apple is a thing you can hold and buy, so it is a good. A haircut, a bus ride and a lesson are work done for you, so they are services.
-
Question 6
A service is work someone does for you. Which of these is a service?
Correct answer: C
When a vet cares for a sick dog, the vet is doing work for someone, so it is a service. Crayons, socks and apples are goods.
-
Question 7
Lily pays money for a book at a store. In this story, Lily is a
Correct answer: B
Lily gives money to get the book, so she is the buyer. The store that gets her money is the seller.
-
Question 8
Why do most grown-ups go to work?
Correct answer: D
People earn money at their jobs. They use that money to pay for food, homes and other things.
-
Question 9
Max wants a toy that costs $10. He has only $4. What can Max do to get the toy?
Correct answer: D
Saving means keeping money to use later. When Max has saved $10, he can buy the toy. $4 is not enough today.
-
Question 10
Ana has money for only one thing. She needs new shoes, and she wants a toy. What is the best choice?
Correct answer: A
When money is limited, needs come before wants. Ana cannot buy both with money for only one thing.
Questions you leave blank are not counted as wrong.
More Social Studies tests
Social StudiesGrade 1 Social Studies Practice Test: Community Helpers and RulesCommunity Helpers and Rules10 questions12 min Social StudiesGrade 1 Social Studies Practice Test: Maps, Globes and DirectionsMaps, Globes and Directions10 questions12 min