Economic terms

Economic terms

8th - 12th Grade

10 Qs

quiz-placeholder

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Economic terms

Economic terms

Assessment

Quiz

English

8th - 12th Grade

Medium

Created by

Wim Pectoor

Used 8+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

Your "boss" is also your...

employer

employee

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

What do we call the necessary costs like 'lighting', 'rent', 'heating' and 'equipment' , that are involved in production?

wages

overheads

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

When did you start up this company? = When did you ... this company?

found

support

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

All things customers want to buy and everything you want to sell = ...

the company benefits

supply and demand

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

A person who put money into a company and thus becomes part owner is a ...

shareholder

entrepreneur

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

If you receive financial help for your company from the governement, you are ...

subsidised

invested

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

A company car, medical insurance and luncheon vouchers are examples of ...

crowdsourcing

company benefits

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