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Worksheets7 BST review 1
Total questions: 10
Worksheet time: 6mins
Money is
only found in Australia
always put in to a bank
made of paper
a medium of exchange
Before the introduction of money, how was business conducted throughout the world?
stealing
credit card
bartering
business wasn't around
In business, what is a NEED?
Something that exists but doesn't last forever
Something that isn't essential to our survival but would be nice to have
Something that is essential to our survival
Something that you can touch
In business, what is a WANT?
Something that is essential to our survival
Something that exists only online
Something that you can touch
Something that isn't essential to our survival but would be nice to have
Click on all the GOODS below. (Hint: There may be more than one answer!)
Car
Getting a Haircut
Listening to music
iPad
Click on all the SERVICES below. (Hint: There may be more than one answer!)
Pen
Desk
Doctor helping you
concert ushers
Click on the definition of a CONSUMER-
Someone who buys something
Someone who makes or grows something for others to buy
Someone who sleeps in
Someone who needs to go on a diet
What is 1 major problem that could be encountered with bartering?
You need money
It might take too long to get what you want
You may not get cheese
It's too easy
ECB stands for
excellent consumer bartering
economics and business
everyday
consumer business
estabished class brand
What is INCOME?
Money that is being spent or the amount of money spent
A compulsory contribution to state funds
Money received on a regular basis, for work or through investments
When you borrow money from someone else with the intention of paying it back
