CE 12

Front

How does a financial institution encourage savings?

Back

Pay interest

Front

Which action best completes the graphic? Options: Sell real estate, Coin money, Sell home insurance, Make loans

Back

Make loans

Front

The picture shows how financial institutions act as intermediaries between savers and borrowers by -

Back

Receiving deposits and making loans

Front

The buying and selling of goods and services by all nations in a worldwide market is called -

Back

globalization

Front

What is one way to lower the cost of production?

Back

Create new technologies

Front

Dan has $5,000. He wants to invest his money in the type of business that has the least amount of risk. In which type of business should he invest? Options: Proprietorship, Corporation, Partnership, Battleship

Back

Corporation

Front

Which type of business organization can act as one legal entity regardless of its number of owners?

Back

Corporation

Front

Some of the profits a business makes are often used to buy more -

Back

resources

Front

In the U.S. economy, what do businesses buy from consumers?

Back

Resources (land, labor, etc)

Front

True or False: Free enterprise means that markets are allowed to operate without undue interference from the government. Also, prices are determined by supply and demand.

Back

True