Benefits of the U.S. Free Enterprise System Review

Benefits of the U.S. Free Enterprise System Review

11th - 12th Grade

15 Qs

quiz-placeholder

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Benefits of the U.S. Free Enterprise System Review

Benefits of the U.S. Free Enterprise System Review

Assessment

Quiz

Social Studies

11th - 12th Grade

Medium

Created by

Jacob Mackey

Used 3+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which benefit of the U.S. Free Enterprise system allows consumers to have the ability to purchase whatever they want?

Freedom of consumers

Creation of wealth

Freedom of producers

Variety of goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which benefit of the U.S. Free Enterprise system can be described by going to the mall and having so many stores to choose from for your clothes?

Freedom of producers

Investment opportunities

Responsive prices

Variety of goods

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is it called when companies move their factories overseas and hire new workers in those countries?

Protectionism

Free trade

Outsourcing labor

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money a business makes after its expenses are paid

profit

supply

demand

scarcity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic goal is supported by your decision to leave your job or invest your money into a new project?

economic stability

economic freedom

economic equity

economic security

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which benefit of the U.S. Free Enterprise system allows businesses to put money towards their future?

Investment opportunities

Creation of wealth

Freedom of producers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When consumers start slowing down on the amount of products they are buying and the producers then lower their prices, which benefit of the U.S. Free Enterprise system is this?

Freedom of producers

Freedom of consumers

Variety of goods

Responsive prices

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