Business Concepts Quiz
Authored by brad hengeveld
History
5th Grade
Used 2+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a consumer?
A person who buys goods and services
A person who sells goods and services
A person who invests in businesses
A person who starts a new business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is an investor?
A person who buys goods and services
A person who invests money in businesses
A person who starts a new business
A person who creates a monopoly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does urbanization refer to?
The process of starting a new business
The process of people moving to cities
The process of creating a monopoly
The process of buying goods and services
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is an entrepreneur?
A person who buys goods and services
A person who invests money in businesses
A person who starts a new business
A person who creates a monopoly
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a monopoly?
A market with many sellers
A market with one seller
A market with no buyers
A market with many buyers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term "melting pot" refer to?
A place where metals are melted
A society where different cultures blend
A type of cooking pot
A business strategy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term describes a person who starts a new business?
Consumer
Investor
Entrepreneur
Monopoly
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