Theme 1 (Business and Banking Concepts)
Authored by Jessica L O'Donnell
Business
8th Grade
Used 7+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Man made goods that are produced for the purpose of producing more goods and services
productive resources
human resources
natural resources
capital resources
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
People performing mental and physical work to produce goods and services
productive resources
human resources
natural resources
capital resources
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Resources that occur naturally in and on the earth; these resources are used to make goods and services
productive resources
human resources
natural resources
capital resources
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Basic resources used to produce goods and services
productive resources
human resources
natural resources
capital resources
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Person who takes risks and gathers resources to provide a new and improved good or service to the marketplace
human resource
capital resource
entrepreneur
productive resource
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Options to be considered when making a decision
opportunity cost
cost/benefit analysis
trade off
alternatives
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Comparing advantages and disadvantages in order to make a decision
opportunity cost
cost/benefit analysis
trade off
alternatives
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