WorksheetsUnit I Parts I & II MIYB
Total questions: 19
Worksheet time: 5hrs 45mins
Solar energy is a type of:
Natural resource
Human resource
Capital resource
Enterprise resource
A carpenter is classified as a:
Land resource
Human resource
Capital resource
Enterprise resource
Bitcoin is classified as a:
Natural resource
Human resource
Capital resource
Enterprise
Eggs are products of the mining and extraction business.
True
False
An entrepreneur works for themselves, but an (a) works for someone else.
An ___________ is someone who provides a product or service to someone else for money.
Employee
Intern
Entrepreneur
Establishment
Pizza is a need.
True
False
A (a) is something you would like to have but do not need to survive.
A (a) is something you are required to have in order to survive.
Explain what a HUMAN resource is AND give one example.
Explain what a CAPITAL resource is and give one example.
Explain what a NATURAL resource is and give one example.
Explain the difference between GOODS and SERVICES.
Manufacturers usually sell directly to the consumer.
True
False
A retailer is a business that makes the products it sells using resources.
True
False
Which of these is NOT one of the four PRIMARY types of businesses started here in the US?
Service
Wholesaling
Agricultural
Manufacturing
Apple is mainly an example of a MANUFACTURING or RETAILING business?
(a)
If you started a pet walking business, would you be offering GOODS or a SERVICE?
(a)
Explain how businesses use resources to meet people's wants and needs. Give an example of a particular product and include one of each the three main types of resources we covered in class. Be sure to give a COMPLETE answer. (This question is worth 10 points).
