4.1 Business in the Private Sector

______________ is an organization that generates revenue

• For-Profit Business

• Not-For-Profit Business

• Institution

• Government Agency

______________ is an organization that exists to serve some public purpose

• For-Profit Business

• Not-For-Profit Business

• Institution

• Government Agency

___________ includes governmental organizations, schools, and the military

• For-Profit Business

• Public sector

• Institution

• Government Agency

___________ is all other organizations that provide goods and services

• Private Sector

• Public sector

• Institution

• Government Agency

True or False - Private sector includes, Producers, Intermediaries and Government Agencies

• False

• True

Organic Farmers, Logging Contractor and Automobile Manufactures are -

• Producers

• Intermediaries

• Service Businesses

Car Dealerships, Movie Theaters, Grocery Stores are -

• Producers

• Intermediaries

• Service Businesses

FEDEX, Beauty Salons, Banks are -

• Producers

• Intermediaries

• Service Businesses

__________ are businesses that create goods and services

• Producers

• Intermediaries

• Service Businesses

__________ are businesses or people that take natural resources from the land

• Producers

• Intermediaries

• Service Businesses

• Extractors