
Benefits of the U.S. Free Enterprise System Review
Authored by Jacob Mackey
Social Studies
11th - 12th Grade
Used 3+ times

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15 questions
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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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