B.E. Chapter 4: Private Enterprise

B.E. Chapter 4: Private Enterprise

9th - 12th Grade

15 Qs

quiz-placeholder

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B.E. Chapter 4: Private Enterprise

B.E. Chapter 4: Private Enterprise

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

Created by

Melinda Wegener

Used 27+ times

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses who sell products to other businesses are part of:

B2C market

B2B market

an industry

government market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses that use raw materials to create goods are called:

extractors

tertiary

manufacturers

wholesalers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses that extract natural resources for use in the creation of goods are called:

extractors

tertiary

manufacturers

wholesalers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a sector?

secondary

primary

intermediate

tertiary

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a type of a retailer?

online store

supermarket

industry

department store

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define private enterprise

A sector of the economy that included companies who deal with the extraction and production of raw materials and natural resources

A business or industry that is managed by independent companies or private individuals rather than by the state.

A business that supplies a good or service

A business that purchases a vast amount of goods from manufacturers to sell them to other businesses

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define wholesaler:

A business or industry that is managed by independent companies or private individuals rather than by the state.

A business owned fully or in part by the government

A business that buys products from wholesalers then increases the price of the goods to resell them.

A business that purchases a vast amount of goods from manufacturers to sell them to other businesses

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