Business Concepts Flashcard

Business Concepts Flashcard

Assessment

Flashcard

Business

9th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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20 questions

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1.

FLASHCARD QUESTION

Front

What is a business that operates out of a physical facility called?

Back

Brick and mortar

2.

FLASHCARD QUESTION

Front

Who are the people that use goods and services to satisfy their wants?

Back

Consumers

3.

FLASHCARD QUESTION

Front

What type of producer constructs roads, bridges, and buildings?

Back

Builder

4.

FLASHCARD QUESTION

Front

What is the role of a retailer?

Back

Buys and sells goods to the ultimate consumer

5.

FLASHCARD QUESTION

Front

What are manufactured items used in the production of goods and services called?

Back

Capital goods

6.

FLASHCARD QUESTION

Front

What is the process of using goods and services known as?

Back

Consumption

7.

FLASHCARD QUESTION

Front

What are physical objects that are useful, scarce, and transferable called?

Back

Economic goods

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