BANKS AND CREDIT UNIONS

BANKS AND CREDIT UNIONS

7th - 9th Grade

12 Qs

quiz-placeholder

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BANKS AND CREDIT UNIONS

BANKS AND CREDIT UNIONS

Assessment

Quiz

Social Studies

7th - 9th Grade

Medium

Created by

Yonee Samuels

Used 6+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which economic institution is NOT for profit. It is for the it's members?

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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