Business

The most common form of money used today is referred to as ______________ money.

The ______________ goods each person had was used to trade with others.

Early man lived in a _______________ economy.

Money is a medium of __________________ .

When you open a new business, it will have a small start up cost.

• True

• False

Stock –

• shares of ownership in a corporation

• Shares of ownership in a partnership

• Fish

a joint venture ends when a project is completed

• True

• False

Goods

• are tangible objects that satisfy people's wants

• are actions, such as haircuts and car repair, which also satisfy people's wants

• none of the above

Who provides this service, a business, or the government?

• Business

• Government

McDonald's is a

• franchise

• cooperative

• partnership