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American Free Enterprise

Authored by Clint Milliron

Social Studies

9th - 12th Grade

Used 8+ times

American Free Enterprise
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39 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In the United States, you may_______________.

start your own business to meet a need
decide what fees to charge for a service or product
own and run any business as long as the laws are obeyed
all of the answers are correct

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In the American Free Enterprise System, you have the right to buy or sell private property.

True
I do not believe that people should own property, or have the right to buy or sell it.
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group lists the key principles of the free enterprise system?

private property, taxation, public interest, patriotism
profit motive, legal equality, consumer protection, public interest
profit motive, private property, eminent domain, voluntary exchange
profit motive, legal equality, private property, voluntary exchange

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Allows the government to take private property for public use.

public interest
eminent domain
government takey your stuffy
none of 'em

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Someone who benefits without paying for a good or service.

free loader
free rider
freedom fighter 
free fallin'

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is one way the government encourages people to give to charity? 

by redistributing taxes
by subsidizing donations
by lowering taxes for people who donate (tax write-offs)
through cash grants

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage range is considered to be "full employment" in a nation's economy?

2-4% unemployment
4-6% unemployment
6-8% unemployment
0% unemployment

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