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TERMS OF ECONOMY

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7th - 12th Grade

Used 2+ times

TERMS OF ECONOMY
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6 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Which logo is this?

ERASMUS+

THE EUROPEAN UNION

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

1. The meaning of "economy" is

the relationship between production, trade and the supply of money in a particular country or region.

a severe and sudden upset in one part of the economy. It could be a stock market crash, a spike in inflation or unemployment, or a series of bank failures. They have long-lasting effects.

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The meaning of "employment" is

a phenomenon that occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequently measure of unemployment is the unemployment rate, which is the number of unemployed people divided by the number of people in the labor force.

work, especially when it is done to earn money; the state of being employed

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The meaning of "unemployment" is

the fact of a number of people not having a job; the number of people without a job:

a company whose stock is owned jointly by the shareholders.

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The meaning of "Economic crisis" is

a company whose shares are held by a select few individuals who are usually closely associated with the business.

a severe and sudden upset in one part of the economy. It could be a stock market crash, a spike in inflation or unemployment, or a series of bank failures. They have long-lasting effects.

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The meaning of "a joint-stock company"

a company that is owned by all the people who have shares in it

a firm whose all issued shares are held by a family or a small group of investors and, therefore, cannot be bought by the public.

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