US Grade 8 Entrepreneurship Test 1

K-12 » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

K-12 Grade 8 Entrepreneurship Middle School (Grade 8, USA Common Core) USA USA Common Core & NGSS

What is this test? for Grade 8 Entrepreneurship practice (Middle School 6-8, USA Common Core) — Middle School (Grade 8, USA Common Core) level, USA.
Is this for you? For Middle School students (Grade 8, 6-8) — if you are in Middle School, this is for you.
Section: K-12 Grade 8 Entrepreneurship · Education: Middle School · Part: K-12 Grade 8 Entrepreneurship · Country: USA

A regular habit of taking practice tests makes learned information stick and is one of the most important factors directly affecting exam success.

This test will help you gauge your knowledge in your field and manage your exam prep more efficiently.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

What is saving?

A) losing money

B) giving all away

C) keeping money for later instead of spending

D) spending everything

Question 2

What is a budget?

A) a shopping list

B) a toy

C) a bank robbery

D) a plan for spending and saving money

Question 3

What is a bank?

A) a zoo

B) a safe place that keeps money

C) a park

D) a toy store

Question 4

What is the difference between a need and a want?

A) no difference

B) wants are needs

C) needs cost more

D) needs are required to live, wants are extras

Question 5

What is interest?

A) free candy

B) lost money

C) a fee for toys

D) extra money a bank pays savers

Question 6

Why compare prices?

A) to get the best value for money

B) to waste time

C) no reason

D) to buy more

Question 7

What is earning?

A) taking money

B) getting money by working

C) printing money

D) finding money always

Question 8

What should you do with birthday money?

A) spend it all fast

B) hide forever

C) throw it away

D) save part and spend part wisely

Question 9

What is a coin?

A) metal money of small value

B) a toy

C) a rock

D) paper money

Question 10

What is a dollar bill?

A) a note

B) paper money worth 100 cents

C) a ticket

D) a coupon

Question 11

How many cents in a dollar?

A) 10

B) 100

C) 50

D) 25

Question 12

How many cents is a quarter?

A) 25

B) 50

C) 5

D) 10

Question 13

How many cents is a dime?

A) 10

B) 25

C) 1

D) 5

Question 14

What is donating?

A) giving money or goods to help others

B) hiding money

C) taking things

D) wasting food

Question 15

What is a receipt?

A) money

B) a gift

C) proof of what you bought

D) a toy

Question 16

Why save for goals?

A) big wants need time and planning

B) no reason

C) to brag

D) to waste

Question 17

What is a price tag?

A) a gift

B) a toy

C) shows what something costs

D) a joke

Question 18

What is change?

A) extra toys

B) money back after paying

C) lost money

D) a gift

Question 19

What is a sale?

A) free everything

B) higher prices

C) lower prices for a time

D) closed store

Question 20

If a toy costs 3 dollars and you pay 5, what is the change?

A) 0 dollars

B) 8 dollars

C) 3 dollars

D) 2 dollars

US Grade 8 Entrepreneurship Test 1

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