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2.04 Review Business essentials

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What are some Disadvantages Of a Private Enterprises

a)

Unemployment

b)

Poverty

c)

Unequal distribution of wealth

d)

All the above

2.

The Government Controls Private Enterprises

a)

True

b)

False

3.

What are some limits in private Enterprise?

a)

Laws

b)

Private Property

c)

Enterprises

d)

All of the Above

4.

A Characteristic of Private Enterprice

a)

Government Control

b)

Poverty

c)

Profit Motive

d)

None of the Above

5.

True or False? Private Enterprises are a Price Directed system

a)

True

b)

False

6.

Whats one positive thing of Private Enterprises

a)

Own their company

b)

Connected with other companies in a chain

c)

A & B

7.

Private Enterprises have the most ___ then most enterprises

a)

Freedom

b)

Profit

c)

A & B

8.

Do private enterprise have freedom in the marketplace?

a)

true

b)

false

9.

what is private enterprises?

a)

company controlled by the government

b)

controlled by the independent company

c)

controlled by the state

d)

none of the above

10.

True or False: Private enterprises dont have a choice on how to Price Items

a)

True

b)

False