Search Header Logo

CE 12b-d (Quiz Review)

Authored by Nyjal Ehirim

History

7th Grade

CE 12b-d (Quiz Review)
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What kind of business is best described by these statements?

Corporation

Proprietorship

Partnership

Cooperative

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which is an example of proprietorship?

Roberta owns stock in a steel company. She receives a portion of the company's profits.

Edward owns a restaurant. He is responsible for all of the restaurant's debts.

Juan and Phillip own a bookstore. They are both responsible for the bookstore's debts.

Janet and Miriam own a flower shop. They share equally in the shop's profits.

3.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Media Image

Which characteristics are true of the business shown in the picture?

Shared risks and profits

Varied amounts of investments by owners

Two or more owners

Risks and profits not shared

One owner

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The people with the ideas and courage to start a business are known as which type of resource?

Entrepreneurship

Natural

Capital

Human

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Dan has $5,000.  He wants to invest his money in the type of business that has the least amount of risk.  In which type of business should he invest?

Entrepreneurship

Proprietorship

Partnership

Corporation

6.

MATCH QUESTION

1 min • 1 pt

Media Image

Complete the circular flow diagram.

(Word Bank: Households, Resources, Businesses, Products, Government)

Resources

Own and sell resource, purchase products

Businesses

Final goods and services to be consumed

Products

Produce goods and services, purchase resources

Households

Capital, natural, human labor

Government

Collect taxes and pays for public goods and services

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In the United States economy, what does the government provide to consumers and producers?

Public goods and services

Human Labor

Interest

Taxes

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?