Biztown Community and Economy 2

Biztown Community and Economy 2

5th Grade

15 Qs

quiz-placeholder

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Biztown Community and Economy 2

Biztown Community and Economy 2

Assessment

Quiz

Social Studies

5th Grade

Practice Problem

Hard

Created by

Lance Yoder

Used 31+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A good produced and offered for sale.

Product

Business

capital resources

circular flow

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Things made by people and used to produce goods or offer services - factory , for example.

Product

Business

capital resources

circular flow

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A model of the movement of goods, services, resources, and money in an economy.

Product

Business

capital resources

circular flow

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A company the sells goods or services.

Product

Business

capital resources

circular flow

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A system in which economic decisions are made by people and businesses, with little government influence.

consumers

economy

entrepreneur

free enterprise

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A person who uses resources to start a business.

consumers

economy

entrepreneur

free enterprise

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How a country makes and manages goods, services, and money.

consumers

economy

entrepreneur

free enterprise

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