7th grade gov + econ assessment

Last updated over 1 year ago

4 questions

1

Last updated over 1 year ago

4 questions

1

1

Why do governments collect taxes?

To provide public services

To increase individual wealth

To build infrastructure

To fund political campaigns

Support healthcare programs

Reduce job opportunities

Finance public safety

Limit economic growth

Draggable item		Corresponding Item
Wheat supply decreases		Wheat prices stabilize
Wheat production falls		Prices of wheat increase
Demand for bread rises		Farmers plant less wheat next season

Draggable item		Corresponding Item
Smartphone demand surges		Count of available smartphones grows
Production meets demand		Older models lose value
Tech hype increases		Smartphone prices decline

Why do governments collect taxes?

To provide public services

To increase individual wealth

To build infrastructure

To fund political campaigns

How do taxes affect public services?

Support healthcare programs

Reduce job opportunities

Finance public safety

Limit economic growth

Scenario 1: A severe drought affects wheat crops this year.

Wheat supply decreases

Wheat prices stabilize

Wheat production falls

Prices of wheat increase

Demand for bread rises

Farmers plant less wheat next season

Scenario 2: A new smartphone releases in the market.

Smartphone demand surges

Count of available smartphones grows

Production meets demand

Older models lose value

Tech hype increases

Smartphone prices decline