American Free Enterprise

American Free Enterprise

9th - 12th Grade

19 Qs

quiz-placeholder

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American Free Enterprise

American Free Enterprise

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Medium

Created by

Heather Engler

Used 76+ times

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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People have the right to choose their jobs & business gets to make their own decisions

Competition

Private Property

Economic Freedom

Self-Interest

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People & Business can buy & sell their property as well as ban others from using it

Economic Freedom

Private Property

Competition

Self-Interest

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This feature of Free Enterprise creates rivalries between business to attract/gain business and pushes businesses to create new and better products.

Self-Interest

Profit Motive

Voluntary Exchange

Competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This feature of Free Enterprise includes consumers & producers willingly buying and selling goods.

Voluntary Exchange

Self-Interest

Profit Motive

Economic Freedom

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In this feature of Free Enterprise, consumers have the right to make legally binding written or oral contracts/agreements to buy and sell goods.

Private Property

Contracts

Self-Interest

Economic Freedom

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers and sellers make decisions that benefit them and do not have worry about pleasing the government or anyone else.

Self-Interest

Private Property

Contracts

Competition

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This feature of Free Enterprise includes the desire for profit and improving material well-being

Self-Interest

Economic Freedom

Voluntary Exchange

Profit Motive

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