Search Header Logo

Introduction to Business Chapter 1

Authored by Steven Howard

Professional Development

9th - 12th Grade

Used 130+ times

Introduction to Business Chapter 1
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anywhere a business exchange takes place is called what?

Economics

Product

Market

Service

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that a business has left over after all the expenses and costs of running the business are paid is called?

Economics

Profit

Capitalism

Service

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economic system where the economic resources are privately owned by individuals rather than the government.

Business

Scarcity
Capitalism

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything that can be bought and sold.

Factors of Production
Customer
Product

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A science that examines how goods and services are produced, sold, and used. 

Factors of Production
Capitalism
Profit
Economics

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The economic resources a nation uses to make goods and supply services for its population.

Product
Market
Scarcity
Factors of Production

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A term for all the activities involved inn developing and exchanging products.

Service
Business
Profit
Market

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?