Business & Entrepreneurship Final Exam Review

Business & Entrepreneurship Final Exam Review

8th Grade

42 Qs

quiz-placeholder

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Business & Entrepreneurship Final Exam Review

Business & Entrepreneurship Final Exam Review

Assessment

Quiz

Business

8th Grade

Practice Problem

Easy

Created by

Tyler Shores

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42 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following economies are usually found in rural, under-developed countries?

Command

Traditional

Market

Mixed

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What economy is characterized by being a combination of a market and a command economy?

Traditional

Market

Mixed

Command

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Economic activities that are controlled by the government are considered what type of economy?

Traditional

Mixed

Market

Command

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How individuals seek to satisfy needs and wants through choices and allocation of resources?

Supply

Demand

Business

Economics

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Land, air, water are examples of what type of resource?

Natural Resource

Capital Resource

Entrepreneurial Resource

Capital Resource

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Technology, buildings, equipment is considered to be kind of resource?

Capital Resource

Natural Resource

Entrepreneurial Resource

Human Resources

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Recognizing the need for new goods or services is considered what type of resource?

Natural Resource

Capital Resource

Entrepreneurial Resource

Human Resource

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