Which economic institution is NOT for profit. It is for the it's members?
BANKS AND CREDIT UNIONS

Quiz
•
Social Studies
•
7th - 9th Grade
•
Medium
Yonee Samuels
Used 6+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Banks
Credit Unions
Insurance companies
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which economic institution is for Profit?
Banks
Credit Unions
Cooperatives
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which economic institution is owned by its members?
banks
credit unions
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which economic institution is a cooperative?
banks
credit unions
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which economic institution is owned by stakeholders?
Credit union
banks
6.
MULTIPLE SELECT QUESTION
1 min • 1 pt
Which is NOT a characteristic of a bank?
Provide loans
offers credit cards
customers are owners
It is in business for Profits
7.
MULTIPLE SELECT QUESTION
1 min • 1 pt
Which is NOT a characteristic of a credit union?
owned by it's members
make decisions with members in mind
you can create a savings account
all profits goes to stakeholders
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