CE 12 Business
Quiz
•
Social Studies
•
8th Grade
•
Practice Problem
•
Hard
John Robinson
FREE Resource
Enhance your content in a minute
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The picture shows how financial institutions act as intermediaries between savers and borrowers by -
Discouraging saving and investing
Receiving deposits and making loans
Spending money that is deposited
Charging interest on savings
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The buying and selling of goods and services by all nations in a worldwide market is called -
globalization
NAFTA
Interdependence
Megalopolis
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which type of business organization can act as one legal entity regardless of its number of owners?
Entreneurship
Proprietorship
Corporation
Partnership
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
True or False: Free enterprise means that markets are allowed to operate without undue interference from the government. Also, prices are determined by supply and demand.
True
False
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which description about entrepreneurs is INCORRECT?
They take a risk to produce and sell goods and services in search of profit
They don't foster technological progress and economic growth
They can establish a business according to any of the three types of organizational structures (proprietorship, partnership, corporation)
They create new jobs
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which action best completes the graphic?
Sell real estate
Coin money
Sell home insurance
Make loans
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a characteristic of a free market economy?
Government control over resources
Private ownership of resources
Central planning of production
Fixed pricing by the government
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