Businesses, Econ Flow, Financial Institutions

Businesses, Econ Flow, Financial Institutions

8th Grade

15 Qs

quiz-placeholder

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Businesses, Econ Flow, Financial Institutions

Businesses, Econ Flow, Financial Institutions

Assessment

Quiz

Social Studies

8th Grade

Medium

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a benefit of depositing money into a bank?

Income

Bonus

Dividends

Loans

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the diagram showing how the economy works?

Economic / Circular Flow

Business Organizations

Financial Institutions

Supply & Demand

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This business' owners assume all the risk, but keep all the profits:

Corporation

Partnership

Proprietorship

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In economic flow, who gives money to households in the form of paychecks?

Businesses

Government

Households

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In economic flow, who uses money to purchase goods and services?

Businesses

Government

Households

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In economic flow, who provides goods and services that households purchase?

Businesses

Government

Households

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This business could last forever if it is making a profit:

Corporation

Partnership

Proprietorship

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