Business Essentials 2.01, 2.02, 2.03, 2.04, 2.05 Review

Business Essentials 2.01, 2.02, 2.03, 2.04, 2.05 Review

9th - 12th Grade

25 Qs

quiz-placeholder

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Business Essentials 2.01, 2.02, 2.03, 2.04, 2.05 Review

Business Essentials 2.01, 2.02, 2.03, 2.04, 2.05 Review

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Brigiette Small

Used 31+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economy where the government has 100% control?

Market/Capitalist Economy

Command Economy

Traditional Economy

Socialist Economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The money that a business spends

Income

Profit

Cash

EXpense

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The possibility of loss from human error

hazard/natural risk

human risk

economic risk

speculative risk

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an economic want

clothing

understanding

conversation

fresh air

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Economic votes" are cast by consumers each time they

respond to a survey

visit a business

make a purchase

participate in market research

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following types of economic systems adopts the fewest new ideas and improvements

Command Economy

Market Economy

Traditional Economy

Socialist Economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a __________ economy, individuals and businesses own the means of production and distribution with limited government regulation.


Market

Command

Socialist

Traditional

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