Econ 2

Econ 2

6th - 8th Grade

21 Qs

quiz-placeholder

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Econ 2

Econ 2

Assessment

Quiz

History

6th - 8th Grade

Easy

Created by

Margaret Kenyon

Used 1+ times

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private financial institutions make loans and receive

donations

deposits

money for the government

decisions for businesses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person who takes risks to produce a good or service in search of a profit is a(n)

corporation

bureaucracy

entrepreneur

opportunity cost

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The most common resource individuals sell to businesses

human

capital

natural

entrepreneurship

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is NOT a type of business ownership?

corporation

partnership

proprietorship

economic flow

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Factors of production, such as land, capital, human, labor, entrepreneurship, are examples of

goods and services

money

resources

opportunity cost

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government participates in the circular flow when it uses what to provide public goods and services?

tax dollars

manufacturing law

the stock market

legislation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What contributes to the global economic flow?

internet

opportunity costs

radio

magazines

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