
Ag Business
Authored by Erynn Hayes
Science
11th Grade
NGSS covered
Used 23+ times

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18 questions
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1.
MATCH QUESTION
1 min • 5 pts
Match the following ag business vocabulary terms.
Expense
the action of spending funds.
Demand
the total amount of a given product or service a supplier offers to consumers at a given period and a given price level
Supply
the cost required for something; the money spent on something.
Income
money received, especially on a regular basis, for work or through investments.
Expenditure
the desire, willingness and ability of consumers to pay a certain price for a product or service at a given period.
2.
MATCH QUESTION
1 min • 4 pts
Match the following terms to their definitions.
Assets
an entry recording an amount owed, listed on the left-hand side or column of an account.
Capital
property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Credit
the ability of an individual or organization to obtain goods or services before payment, based on an agreement to pay late
Debit
wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
3.
MATCH QUESTION
1 min • 1 pt
Match the following definitions to the correct term.
Entrepreneur
an economic system in which private business operates in competition and largely free of state control.
Export
a commodity, article, or service brought in from abroad for sale
Capitalism
an economic and political system in which a country's trade and industry are controlled by private owners for profit.
Free Enterprise
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
Import
a commodity, article, or service sold abroad
4.
MATCH QUESTION
1 min • 1 pt
Match the following terms to their definition.
Credit
a set of rules or concepts that govern how people satisfy their unlimited wants with their limited resources.
Economic Principles
providing an equal chance for people to earn a living wage
Human Resources
an entry recording a sum received, listed on the right-hand side or column of an account.
Economic Opportunity
the personnel of a business or organization, especially when regarded as a significant asset.
5.
DRAG AND DROP QUESTION
20 sec • 10 pts
Turkeys for Thanksgiving are raised on poultry farms. If the Bird Flu hits and kills most of the turkeys, (a) and the (b) .
6.
DRAG AND DROP QUESTION
20 sec • 10 pts
Starbucks decided to start selling pumpkin spice lattes again. Because of this, the (a) and the (b) .
7.
DRAG AND DROP QUESTION
20 sec • 10 pts
We find a new gas reservoir and decide to drill it. Because of this, the (a) and the (b) .
Tags
NGSS.MS-ESS3-4
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