EOC unit 2

A producer is someone who

• sells products.

• Make things

• Is very creative

• employees others

Farms, mines, and lumber companies are examples of

• manufacturers

• trade industries

• raw-goods producers

• builders

a company that transforms cotton into wearable clothing is considered a

• manufacturer

• raw-goods producers

• service business

• builder

Emilia works for a company that constructs houses and business facilities/ Which type of producer does she work for?

• A raw-goods producer

• A manufacturer

• A trade industry

• A builder

Rembert works for a grocery store that buys food from producers and sells it to customers the grocery store is considered a

• builder

• trade industry

• service business

• raw-goods producer

The two main divisions of trade industry are

• producers and retailers

• wholesalers and retailers

Determine whether the following statement is true or false: Trade industries all have the same form of ownership.

• False, they may be independent or belong to a chain

• False, they may be corporations or partnerships

• True, they all belong to a chain

Businesses in trade industries that offer discount prices usually offer

• elaborate fixtures

• limited services

• full services

• plush interiors