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Private and Public Sector

Authored by Lachlan Brennan

Business

9th Grade

Used 255+ times

Private and Public Sector
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14 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of these are features of the Public Sector

Provides public goods

Helps reduce inequality in society

Less bureaucracy

Creates jobs to fill market gaps

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The private sector creates opportunities for entrepreneurs to enter the free market

True

False

3.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

A ___________ is an individual who owns their own business

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Identify features of a Sole Trader

Simplest form of business structure

Gives owner full control of business decisions

Has limited liability

Can employ people to help with the running of the business

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A partnership has limited liability

True

False

6.

OPEN ENDED QUESTION

3 mins • Ungraded

What is one advantage of being a Sole Trader?

Evaluate responses using AI:

OFF

7.

OPEN ENDED QUESTION

3 mins • Ungraded

What is one disadvantage of being in a Partnership?

Evaluate responses using AI:

OFF

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