SOL Review-CE11-CE14

Which Constitutional amendment gives the government the authority to tax the income of individuals and businesses?

• 10th

• 1st

• 12th

• 16th

Tags

CE.13c

What is the name for the type of company that helps people buy and sell stock, as well as helping them invest money?

• Deposit Center

• Securities Brokerage

• Credit Union

• Bank

Tags

CE.12e

What type of economy is set up where private individuals, businesses, and the government share economic decision making?

• Mixed Economy

• Free-Market Economy

• Foreign Economy

• Command Economy

Tags

CE11.b

The definition of ______________ states that consumers determine through purchases what goods and services will be produced.

• Entrepreneur

• Proprietorship

• Consumer Sovereignty

• Competition

Rivalry between producers/sellers of a good or service result in better quality goods and services at a lower price. This is called __________.

• Consumer Sovereignty

• Capitalism

• Corporation

• Competition

Tags

CE 11.c

Enforcing antitrust legislation discourages the development of __________.

• Low Wages

• Monopolies

• New Businesses

• Competition

What government agency regulates what is seen and heard on television and radio?

• Environmental Protection Agency

• Federal Trade Commission

• Federal Communications Commission

• National Aeronautics and Space Administration

What is a form of business organization with 1 owner who takes all the risks and all the profit?

• Partnership

• Corporation

• Incorporation

• Proprietorship

Tags

CE12.a

What is a form of business that is authorized by law to act as a legal person regardless of the number of owners. Owners share the profits, and owner liability is limited to what they have invested.

• Partnership

• Monopoly

• Corporation

• Proprietorship

Tags

CE 12.c

A person who takes a risk to produce goods and services in search of a profit is called a(an)_____________.

• Competitor

• Entrepreneur

• Politician

• Environmentalist

Tags

CE 12.c