
Business Part 1
Authored by Amal Bissessar
Business
8th Grade
Used 1+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
19 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a barter system?
A barter system is a type of banking system
A barter system involves using credit cards for transactions
A barter system is a form of cryptocurrency
A barter system is a method of exchange where goods or services are directly exchanged for other goods or services without using money.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Name one disadvantage of the barter system.
Limited divisibility of goods
Difficulty in storing value
Inefficient allocation of resources
Lack of double coincidence of wants
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are electronic payment methods?
Cash only
Bartering system
Carrier pigeons
Electronic payment methods include credit cards, mobile wallets, online banking, and cryptocurrencies.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Give an example of an electronic transfer service.
Cash Payment
card payment
PayPal
cheque
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the public sector in an economy?
Private-owned businesses
Government-controlled and operated part of the economy.
Non-profit organizations
International trade agreements
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Provide one example of a public sector organization.
Digicel
Republic Bank
WASA
Movie Towne
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define the private sector in an economy.
Publicly owned businesses controlled by the government
Non-profit organizations funded by the government
Businesses and organizations not controlled by the government.
State-owned enterprises managed by private individuals
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
14 questions
Principles of Accounts
Quiz
•
8th Grade
15 questions
Revamped New Hire Induction
Quiz
•
KG - 12th Grade
20 questions
PS2018 CR3a Notes
Quiz
•
8th - 12th Grade
14 questions
Excel Module 3 Vocabulary
Quiz
•
8th - 12th Grade
20 questions
Fixed and Variable Costs
Quiz
•
8th - 10th Grade
15 questions
Barriers to Effective Communication
Quiz
•
8th Grade
20 questions
How to Write an EMail
Quiz
•
7th - 12th Grade
20 questions
QUIZ 2 : TOPIC 8 [ACCOUNTING FOR INVENTORIES]
Quiz
•
1st Grade - University
Popular Resources on Wayground
8 questions
Spartan Way - Classroom Responsible
Quiz
•
9th - 12th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
14 questions
Boundaries & Healthy Relationships
Lesson
•
6th - 8th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
3 questions
Integrity and Your Health
Lesson
•
6th - 8th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
9 questions
FOREST Perception
Lesson
•
KG
20 questions
Main Idea and Details
Quiz
•
5th Grade