Chapter 17

Chapter 17

9th Grade

25 Qs

quiz-placeholder

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Chapter 17

Chapter 17

Assessment

Quiz

History

9th Grade

Easy

Created by

Natalie Guedry

Used 103+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic principle that states that businesses will produce more products when they can sell them at higher prices

law of supply

law of demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of business that is recognized as a separate legal entity

sole proprietorship

corporation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A small business owned by one person

corporation

sole proprietorship

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who organizes, manages, and assumes the risks of a business

entrepreneur

corporation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lack of a particular resource

capital

scarcity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shares of ownership of a corporation

stock

capital

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic system based on private ownership of the means of production

capitalism

entrepreneur

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