Search Header Logo

Unit 2 Vocabulary

Authored by Cory McCracken

Social Studies

10th - 12th Grade

Used 250+ times

Unit 2 Vocabulary
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial obligation of a company or business owner to pay for any business losses

liability

immunity

asset

advantage

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business owned and managed by one person

sole providership

sole solution

sole suspension

sole proprietorship

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How different industries are classified based on the amount of competition

market resource

market structure

market

market bank

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Many buyers and sellers in an industry selling identical goods

monopolistic competition

monopoly

oligopoly

perfect competition

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Diagram or model that shows the flows of goods/services, resources and money in the economy

circular building

circular differentiation

circular flow

circular reasoning

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Market where households sell and businesses buy

product market

resource market

firm market

individual market

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Market where businesses sell and households buy

product market

resource market

firm market

individual market

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?