Civics SOL Review CE12 PFI's and Global Economy

Civics SOL Review CE12 PFI's and Global Economy

8th Grade

10 Qs

quiz-placeholder

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Civics SOL Review CE12 PFI's and Global Economy

Civics SOL Review CE12 PFI's and Global Economy

Assessment

Quiz

History

8th Grade

Medium

Created by

Diane Slade

Used 34+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How do banks help businesses?

making loans
issuing credit cards
sharing profits
issuing insurance

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which is NOT a reason why monopolies are bad for the consumer?

they eliminate marketplace competition

they result in lower quality of goods and services

they result in higher prices

they result in higher quality of goods and services

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Savings and Loans, Credit Unions, and banks are examples of....

private financial institutions

economic systems

economic flow

business ownerships

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Governments use ____________ to provide public goods and services

tax revenue

resources

factors of production

corporations

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Why do Virginia and the United States trade with other nations?

to limit borrowing

to raise taxes

to eliminate competition

to increase wealth

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How does the government promote marketplace competition?

enforcing antitrust legislation

decreasing global trade

encouraging monopolies

discouraging business start-ups

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Where does Congress get the authority to tax personal and business incomes?

14th Amendment

16th Amendment

The Virginia Constitution

5th Amendment

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