
Social Studies, Economy

Quiz
•
Social Studies
•
3rd Grade
•
Easy
Keyli C.
Used 3+ times
FREE Resource
11 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Entrepeneurs have diffrentent reason for starting businesses:
Great idea for a product or a service
Want to fill a need in their community
Natural resources
Capital resources
Human resources
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a free-market economy?
It can help to business succeed
A system in which anyone can star a business. The united states has a free market economy.
A place where local farmers can sell their products to local consumers.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
To be succesful a business needs:
Great idea for a product or a service
Want to fill a need in their community
Natural resources
Capital resources
Human resources
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the difference between imports and exports?
Imports are products brought from other countries.
Exports are products shipped to their countries.
When you advertisd, you promote a product or service so thar you draw attention to it.
Whe they have money left over after paying all the business costs.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Location of a business is helpful because:
A place where local farmers can sell their products to local consumers.
They want to sell the most goods and services.
It can help the business succeed
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Who is a consumer?
Is someone who buys a product or a service
Is a selling tool to producers
A system in which anyone can start a business.
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is advertising?
Is someone who buys a product or a service
Is a selling tool to producers
A system in which anyone can start a business.
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