Primary 5 Second Term Social Studies Examination Questions

ISLAND BUILDERS BAPTIST SCHOOL

SOCIAL STUDIES PRIMARY 5 SECOND TERM EXAMINATION

PART A: OBJECTIVE QUESTIONS

Underline the correct answer from the options below.

1. A group of people working together to achieve a common goal is called ___.
   a) Cooperation
   b) Organization
   c) Socialization
   d) Society

2. The act of working together towards achieving an aim is called ___.
   a) Organization
   b) Cooperation
   c) Satisfaction
   d) Employment

3. One of the problems of living together is ___.
   a) Peace
   b) Unity
   c) Disagreement
   d) Cooperation

4. A situation where there are too many people for available resources is called ___.
   a) Underpopulation
   b) Overpopulation
   c) Additional population
   d) Migration

5. The act of keeping money or valuable items for future use is called ___.
   a) Savings
   b) Income
   c) Preservation
   d) Investment

6. A place where money or other valuables are kept is called a ___.
   a) Store
   b) Room
   c) Bank
   d) Warehouse

7. Banks that are restricted to members of a community are called ___.
   a) Commercial banks
   b) Community banks
   c) Zenith banks
   d) Merchant banks

8. A major cause of poor savings is ___.
   a) Discipline
   b) Indiscipline
   c) Hard work
   d) Prosperity

9. The money or property saved for future production or business start-up is called ___.
   a) Income
   b) Capital
   c) Resources
   d) Profit

10. Useful materials or valuables such as money, equipment, or manpower are called ___.
    a) Capital
    b) Resources
    c) Income
    d) Savings

11. A sum of money that is saved or invested for a specific purpose is called ___.
    a) Loan
    b) Fund
    c) Savings
    d) Tax

12. Money given by the government or an organization for a specific purpose that does not require repayment is called ___.
    a) Loan
    b) Donations
    c) Grants
    d) Investment

13. The extra amount of money paid as a tax to the government is called ___.
    a) Takes
    b) Loans
    c) Levy
    d) Charges

14. Money or goods given to individuals or organizations to assist them is called ___.
    a) Loan
    b) Donations
    c) Salary
    d) Profit

15. A free gift of nature that cannot be moved is called ___.
    a) Labour
    b) Entrepreneur
    c) Land
    d) Capital

16. A situation where someone has no job to earn a living is called ___.
    a) Unemployment
    b) Poverty
    c) Laziness
    d) Hardship

17. Lack of information is one of the causes of ___.
    a) Employment
    b) Unemployment
    c) Poverty
    d) Investment

18. Fixed amounts of money paid to a worker based on the hours or days worked are called ___.
    a) Salary
    b) Wages
    c) Income
    d) Allowance

19. A fixed amount agreed to be paid to an employee every month is called ___.
    a) Salary
    b) Wages
    c) Income
    d) Bonus

20. The total amount of money earned over a period of time from doing work is called ___.
    a) Salary
    b) Income
    c) Wages
    d) Allowance

PART B: THEORY QUESTIONS

Answer all questions in the spaces provided.

1a. What are resources?

1b. Explain four values that are relevant to resource distribution.

i. __________________________________________________
ii. __________________________________________________
iii. __________________________________________________
iv. __________________________________________________

2a. List five ways of raising funds.

i. __________________________________________________
ii. __________________________________________________
iii. __________________________________________________
iv. __________________________________________________
v. __________________________________________________

2b. Explain any two of the ways listed above.

i. __________________________________________________
ii. __________________________________________________

3a. Mention four problems of living together.

i. __________________________________________________
ii. __________________________________________________
iii. __________________________________________________
iv. __________________________________________________

3b. Explain any two of the problems listed above.

i. __________________________________________________
ii. __________________________________________________

4a. Define the following terms:

i. Cooperation: __________________________________________________
ii. Organization: __________________________________________________
iii. Employment: __________________________________________________
iv. Income: __________________________________________________

4b. Explain the difference between salary and wages.

5a. What is the importance of savings?

5b. Mention three benefits of financial planning.

i. __________________________________________________
ii. __________________________________________________
iii. __________________________________________________

INSTRUCTIONS TO STUDENTS:

• Read each question carefully before answering.
• Write your answers clearly and neatly.
• Ensure all questions are answered completely.
• Submit your work on time.

GOOD LUCK!