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Chapter 1 - Goods & Services

Authored by GSOM Learn

Business

8th Grade

Used 3+ times

Chapter 1 - Goods & Services
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7 questions

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1.

OPEN ENDED QUESTION

5 mins • 1 pt

What is the definition of a 'business' ?

Evaluate responses using AI:

OFF

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

_______ activities are in which we do not earn money.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A person earns money in _______ activities.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

An object that a person makes or grows to sell is called ______

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many types of goods are there?

One

Two

Five

Three

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is not a consumer good?

Pizza

Books

Carrots

Oven

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of these is a capital good?

Machines

Tools

Vehicles

All of the above

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