Free Enterprise

Free Enterprise

5th Grade

15 Qs

quiz-placeholder

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Free Enterprise

Free Enterprise

Assessment

Quiz

Social Studies

5th Grade

Practice Problem

Easy

Created by

Mary Baltus-Wilson

Used 10+ times

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The United States uses a free enterprise system of economics, allows its citizens to:

Start their own business

purchase goods wherever

spend their money as they please

all of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False:


Under a free enterprise system, people must work in a profession that is chosen for them by the government:

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money a business earns when selling a good

Profit

Consumer

Entrepeneur

Competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government's job in a free market economy is to

tell people and business what to do

control who buys what

control who sells what

make sure all businesses are run fairly

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of an entrepreneur or business owner in America?

Provide jobs to immigrants

To make a profit

To open lots of stores

To retire rich

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of free enterprise system in America

Thomas refuses to do his homework in history class.

George decides to buy a new car instead of a used car.

Juan cannot go to a baseball game because he has band practice.

Alex is not allowed to vote because he is only 16.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In America, a person chooses or decides what job they want such as being a banker or a farmer. What type of economic system does the United States have?

Communism

Free Enterprise

Traditional Economy

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