Entrepreneurship and Free Enterprise Quiz
Authored by Melissa Ellis
Special Education
9th Grade
Used 1+ times
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7 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
How is the Entrepreneur both the Spark Plug and the Catalyst of the free enterprise system?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Explain each of the 6 characteristics of a successful entrepreneur according to the US Small Business Administration?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
How do consumers ultimately determined what gets produced?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is Consumer Sovereignty?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
Explain the role of government in a free enterprise economy. Explain how government is the Protector, Provider, Regulator, Consumer
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6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Define each of the following Economic and Social Goals and explain why they are important.
Economic Security
Economic Equity
Full employment
Economic Freedom
Economic Efficiency
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Rank in importance a societies economic and social goals- Number 1 through 8 from most important to least important (they all are important)
Full employment
Economic Security
Economic Freedom
Economic Efficiency
Economic Equity
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