Economics Quiz 3 Review

Economics Quiz 3 Review

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Economics Quiz 3 Review

Economics Quiz 3 Review

Assessment

Quiz

Social Studies

12th Grade

Easy

Created by

Gabriel Mello

Used 1+ times

FREE Resource

6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

A business environment where there are many producers, not just one or two​

Competition
Business
Monopoly

2.

CLASSIFICATION QUESTION

1 min • 1 pt

Organize these options into the right categories

Groups:

(a) Types of Businesses

,

(b) Types of Markets

Sole Proprietorship

Monopoly

Oligopoly

Pure Competition

Monopolistic Competition

Partnership

Corporation

3.

DRAG AND DROP QUESTION

1 min • 1 pt

A sole proprietorship is always owned by​ ​ (a)   person

one
two
three

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If you can buy stock in a company, the type of business it absolutely has to be is...

Sole Proprietorship

Partnership

Corporation

5.

CLASSIFICATION QUESTION

3 mins • 1 pt

Decide whether the following qualities are attributes of being in the workforce or unemployed

Groups:

(a) In the Workforce

,

(b) Not in the Workforce

Younger than 16

At least 16 years old

Not willing to work

Able to Work

Unable to work

Willing to Work

6.

MATCH QUESTION

1 min • 1 pt

Match the following scenarios to the type of unemployment that goes with it

Frictional

A business is hiring, but nobody is applying

Classical

A person is let go/leaves their job due to it being a certain time of year

Seasonal

A person isn't hired because hourly wage/salaries are too high

Structural

A person leaves their job because they are moving to a different state