NAME

Question types


Start with


Question limit

of 20 available terms

Print test

5 Written questions

5 Matching questions

  1. innovations in technology
  2. entrepreneur
  3. In the circular flow, individuals own -
  4. In the circular flow, businesses buy resources to -
  5. In a corporation, owner liability is limited to -
  1. a investment
  2. b contribute to the global flow of information, capital, goods and services
  3. c make products
  4. d person who takes a risk to produce goods and services in search of profit
  5. e resources

5 Multiple choice questions

  1. form of business organization with two or more owners whi share the risks and the profits
  2. a form of business organization that is authorized by law to act as a legal person regardless of the number of owners
  3. - proprietorship
    - partnership
    - corporation
  4. buy more resources

  5. - banks
    - savings and loans
    - credit unions

5 True/False questions

  1. Why do Virginia and the United States pursue international trade- to obtain goods and services they cannot produce
    - to obtain goods and services they cannot produce efficiently
    - to seel goods and services
    - to create jobs

          

  2. why states and nations trade- to obtain goods and services they cannot produce
    - to obtain goods and services they cannot produce efficiently
    - to seel goods and services
    - to create jobs

          

  3. An innovation in technology that contributes to the global flow of informationcontribute to the global flow of information, capital, goods and services

          

  4. how do private financial institutions encourage saving
    - banks
    - savings and loans
    - credit unions

          

  5. using technology lowers -worldwide markets in which the buying and selling of goods and services by all nations takes place