In 1848, a settler in San Antonio built a mill for grinding corn and allowed people to pay for the service with a portion of their ground corn. What is the key characteristic of a free enterprise system demonstrated in this scenario?
Economic Activities in Texas

Quiz
•
Social Studies
•
4th Grade
•
Hard
Kerimi Thompson
Used 30+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Voluntary exchange
Profit motive
Economic freedom
Private property
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In 1843, a settler in the Dallas area captured wild mustang horses, trained them, and sold them to the Army and settlers for a profit. What is the key characteristic of a free enterprise system demonstrated in this scenario?
Voluntary exchange
Profit motive
Economic freedom
Private property
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a suburb of a large Texas city, a person is only allowed to do business at one bank in the area according to the city government officials. What characteristic of a free enterprise system is being denied in this scenario?
Voluntary exchange
Profit motive
Economic freedom
Private property
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In 1878, a farmer in West Texas decided to charge a toll or fee for each group of cattle crossing his land. What is the key characteristic of a free enterprise system demonstrated in this scenario?
Voluntary exchange
Profit motive
Economic freedom
Private property
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In 1920, a person in Austin started a taxi business using their newly purchased Ford Model T car. However, the county officials did not allow them to charge a fee for their services. What characteristic of a free enterprise system is being denied in this scenario?
Voluntary exchange
Profit motive
Economic freedom
Private property
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In 1942, during World War II, a person with beehives increased the price of honey due to the rationing of sugar. What is the key characteristic of a free enterprise system demonstrated in this scenario?
Voluntary exchange
Profit motive
Economic freedom
Private property
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In 1862, a person in Dallas had the best place to cross the Trinity River at their property and wanted to build a ferry. However, the county officials would run the ferry and set the fees, giving the person almost no profit or income. What characteristic of a free enterprise system is being denied in this scenario?
Voluntary exchange
Profit motive
Economic freedom
Private property
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