
US 2.0 Vocabulary
Authored by Serafin Nunez
Social Studies
8th Grade
Used 1+ times

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36 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of capitalism?
The process of turning metal into coins
An economic system where trade and industry are controlled by private owners for profit, rather than by the government
A company that is legally separate from its owners
The practice of alternating crops grown on the same land to preserve soil fertility and reduce pests
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of coinage?
The process of turning metal into coins
A portion of a company’s profits paid to shareholders
A business strategy in which a company expands its operations at the same stage of the supply chain in its industry
The desire and ability of consumers to purchase goods or services at a given price
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of corporation?
A company that is legally separate from its owners
The practice of cutting flat areas into slopes to create farmland and reduce erosion
Exclusive control of a product or service in a particular market
A form of government in which power is held by a small group of people
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of crop rotation?
The practice of alternating crops grown on the same land to preserve soil fertility and reduce pests
The combination of two or more companies into one
Large-scale manufacturing of goods using standardized designs and assembly-line techniques
The amount of a good or service available for sale at a given price
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of demand?
The desire and ability of consumers to purchase goods or services at a given price
A share in the ownership and profits of a company
Someone who helps fund organizations by investing and loaning large amounts of money
A policy or attitude of letting things take their own course without interfering
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of dividend?
A) A portion of a company’s profits paid to shareholders
B) The process of turning metal into coins
C) The development of an area to gain more attributes of a city, including a higher population
D) An economic system where prices are determined by supply and demand with little or no government control
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of entrepreneur?
A) A person who takes the risk to organize resources to produce a new or better good or service in hopes of gaining a profit
B) The practice of cutting flat areas into slopes to create farmland and reduce erosion
C) The combination of two or more companies into one
D) A form of government in which power is held by a small group of people
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