
Chapter 1 - Goods & Services
Quiz
•
Business
•
8th Grade
•
Medium
GSOM Learn
Used 3+ times
FREE Resource
7 questions
Show all answers
1.
OPEN ENDED QUESTION
5 mins • 1 pt
What is the definition of a 'business' ?
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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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