8/9 Social Studies
Quiz by Meaghan Drumm
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- Q1
Why is the business sector important to the economy?
Because the other ones are not at important
Because it produces goods and services
Because they are made up of people who are a part of a family.
Because it is made up people who play an important role
30s - Q2
Households are made up of people. People are the __________.
Services
Entrepreneurs
Goods
Resources
30s - Q3
Why are households important to the economy?
Because they use resources that from nature used to produce goods
Because they buy goods and services that goes back into the economy
Because they are made up of people who are a part of a family
Because it is made up of people who play important roles
30s - Q4
How does specialization benefit a private business?
It allows them a chance to provide a wide variety of goods to the community.
It helps them with creating a larger menu.
It allows them to become great with a product so that people know them for that product.
It allows them to work more closely with the government to determine the needs of the people.
30s