
TLE 7A-CONCEPT OF ENTREPRENEURSHIP
Authored by STAS_Mary Godito
Other
1st - 10th Grade
Used 4+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
___ performs a variety of functions, such as buying and selling goods and services, and it is a medium of exchange.
Barter
Money
Entrepreneurship
Enterprise
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the Philippines, every citizen has a right, within legal limits, to start a business and make profit. This is called ____.
Money economy
Productive economy
Barter trade
Free enterprise
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The earnings of a company after all expenses have been paid are called ___.
Profits
Wagers
Resources
Services
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A process that enables people to exchange goods or services which are of value is called ____.
Market
Business
Product
Goods
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A nonmonetary economy wherein goods are swapped for goods is referred to as ___.
Money economy
Marketing
Free enterprise
Barter economy
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Easy money may cause _____.
Income
Debt obligation
Inflation
Financial obligation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The bank which regulates the supply of money resulting in the upward or downward changes in the amount of credit or funds available to investors and producers is the ____.
Landbank
Bangko Sentral ng Pilipinas
Philippine National Bank
Bank of the Philippine Islands
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