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Private Enterprise

Authored by Laurie Bennett

Other

9th - 12th Grade

Used 10+ times

Private Enterprise
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Operating a roadside fruit stand

limited government control
the profit motive
price directed system 
private property 

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economic system individuals or businesses answers the three basic economic questions  

socialist enterprise
private enterprise
communist enterprise 
traditional enterprise

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private Enterprise is often called

market economy
market system
none of the options
both of the options

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything of value that people own is 

private property
government property
both of these options
none of these options

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The private enterprise system that exists in the United States is

not pure private
a mixed system
none of the options
all of thee options

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The desire to make money (profit)

Competition
profit motive
price direct
government driven 

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Price direct system 

price determines what consumers buy
which jobs they will take
types of products that are produced 
all of the options

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