Unit 1 Lesson 5 Test your knowledge

Multiple Choice

Raya’s neighborhood game store hosts “Market Saturdays,” where people can come and play the latest games to get a feel for them before buying them for themselves. Raya attends because she likes to try out the game while hanging out with her friends. What is Raya’s main purpose for using this market? 

• to exchange ideas

• to buy games

• to play games for free

• to be introduced to emerging technologies

Multiple Choice

Jeremias lives in Houston and says that Whataburger is the best fast food place ever. His friend Mónica lives in Santa Barbara and has never heard of the Whataburger chain. She says she will never leave California because she can’t live without her In-n-Out burger fix. These fast food chains are examples of what type of businesses?

• national

• regional

• local

• commercial

Fill in the Blanks

Nelson has a savings account at a bank called the Hometown Credit Union. This bank is a not-for-profit organization that is managed by the bank members, who, like Nelson, all have accounts at the bank. Rather than trying to make a lot of money, Hometown Credit Union focuses on providing reasonable rates and returning surplus income to its members in dividends. What ownership structure does Hometown Credit Union likely have?