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Constructed Response on Entrepreneurs

Constructed Response on Entrepreneurs

Assessment

Flashcard

History

12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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11 questions

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1.

FLASHCARD QUESTION

Front

The role of the entrepreneur in society is to

Back

bring the factors of production together and take the risks of producing.

2.

FLASHCARD QUESTION

Front

What is the most likely reason Patrick Guitman might have a high interest rate on a loan for a new car?

Back

His credit rating is below average due to missed payments.

3.

FLASHCARD QUESTION

Front

Which of the following is NOT a main function of the entrepreneur?
to make routine pricing decisions,
to innovate,
to assume the risk of economic losses,
to make strategic business decisions

Back

to make routine pricing decisions

4.

FLASHCARD QUESTION

Front

The term networking refers to:

Back

making and using contacts to obtain and update career information.

5.

FLASHCARD QUESTION

Front

At the end of the year, Walter received a form that showed his payments from independent contracting. That form is called a:

Back

1099

6.

FLASHCARD QUESTION

Front

Which of the following is the most effective way to prevent identity theft?
Options:
Use the same password for all your accounts to make them easier to remember
Share your personal information only with trusted friends on social media
Shred documents containing personal information before disposing of them
Store your Social Security card in your wallet for quick access

Back

Shred documents containing personal information before disposing of them

7.

FLASHCARD QUESTION

Front

Which of the following best describes the "Rule of 72" in investing?

Back

It determines the number of years needed to double your money.

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