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BizTown Economy & Community

Quiz by Nikki Barcus

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24 questions
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  • Q1
    a system in which people make, exchange, and use things that have value
    economy
    30s
  • Q2
    owners and workers
    producers
    30s
  • Q3
    people who buy and use products
    consumers
    30s
  • Q4
    an economic system in which individuals own most businesses
    capitalism
    30s
  • Q5
    an economic system in which the central government owns factories, farms, and offices
    communism
    30s
  • Q6
    A person with certain rights and responsibilities in his or her country or community
    citizen
    30s
  • Q7
    a place where people live, work, trade, and share
    community
    30s
  • Q8
    a type of economy in which people are free to buy, sell, and produce whatever they want
    free enterprise
    30s
  • Q9
    things people buy and use
    goods
    30s
  • Q10
    work done for others as a form of business
    services
    30s
  • Q11
    a person who starts up and takes on the risk of a business
    entrepreneur
    30s
  • Q12
    money left over after business expenses have been paid
    profit
    30s
  • Q13
    when people cannot have everything they want due to limited resources
    scarcity
    30s
  • Q14
    expected traits of a responsible member of a community
    citizenship
    30s
  • Q15
    personal habits and attitudes that promote the well-being of a group
    civic virtues
    30s

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