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Studies Weekly, Week 20

Authored by Christine Kappmeyer

Social Studies

3rd Grade

Used 26+ times

Studies Weekly, Week 20
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which words describe a corporation?

a large business

a small business

a building

an employee

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do business owners want to make a profit?

Producers will be upset with businesses if they do not make a profit.

Employees will not work for the business unless they make a profit.

Customers will not buy goods or services if they don't make a profit.

The money can be used to improve the business.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a consumer?

Someone who owns a business.

Someone who buys goods or services.

Someone who hires employees.

Someone who makes a profit.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How would a teenager probably feel after working and earning money during the summer?

Angry that he didn't get to sleep late.

Disappointed that he does not have any money to spend.

Proud that he learned new skills.

Happy that he will never have to work again.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Mr. Kroc want to open more restaurants like the McDonald's brothers' store?

He wanted to make the business successful and provide goods and services to customers.

He wanted to take over with world with burgers and fries.

Ronald McDonald told him to do it.

Everyone should eat Big Macs.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do you know McDonald's is a CORPORATION?

It is a very small company with few locations.

It is a large company with many locations.

It has employees.

Employers pay salaries

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Free Enterprise System?

A system where everything you want to buy is free.

A system where employees work for free.

If you enter, you get a prize.

An economic system where citizens do not need the government's permission to work at a certain job or open a business.

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