Principles of Business Final Review

Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Wayground Content
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11 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Things that are required in order to live are known as wants.
Back
False
2.
FLASHCARD QUESTION
Front
Goods and services are purchased by businesses as well as by individuals.
Back
True
3.
FLASHCARD QUESTION
Front
Buildings, equipment, and supplies are examples of natural resources.
Back
False
4.
FLASHCARD QUESTION
Front
The largest producer of goods and services in the world is
Back
China
5.
FLASHCARD QUESTION
Front
People producing goods and services are called
Back
human resources
6.
FLASHCARD QUESTION
Front
What is the final step of the decision-making process?
Back
review your decision
7.
FLASHCARD QUESTION
Front
Who owns the economic resources in a market economy?
Back
the people
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