
Core Concept 2: Citizenship & Economics
Quiz by Amy Siegert
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54 questions
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- Q1A business where people keep their money and borrow money is called a ______________________ .post officelibrarybankstore30s
- Q2When a consumer can purchase something and pay for it over time (with interest), he/she is using __________ .interestcredita loanbank30s
- Q3An amount of money that you owe to a person, bank, or company is called your _____________ .creditwafflesbankdebt30s
- Q4The process or system by which goods and services are produced, sold, and bought is called ____________ .painstakinggeographyeconomicsarchaeology30s
- Q5A depression is a period of time when employment and stock market values _____________ severely.smelldeclinesingincrease30s
- Q6A recession occurs when there has been zero or negative economic growth for ___________ or more months in a row.2030twelvesix30s
- Q7A legal agreement in which a person borrows money to buy property and pays back the money over time is called a ____________________ .loanFrench friesbankmortgage30s
- Q8True or False: A loan is an amount of money that is given to someone for a period of time with a promise that it will be paid back.falsetrue30s
- Q9A stock is __________________ .a donkey.a piece of corn.a share of ownership in a company.to follow someone creepily.30s
- Q10The money paid to a loaner for the use of borrowed money is called _________________ .stockincentivesinterestbonds30s
- Q11True or False: A government is a group of people who can make and enforce laws in an area or country.FalseTrue30s
- Q12True or False: The United States of America has an unlimited government.FalseTrue30s
- Q13A direct democracy is a form of government in which citizenselect a representative to make decisions for them.vote directly on all issues.go directly to jail.vote directly for the president.30s
- Q14A monarchy is a form of government in which ______monarch butterflies are raised.the power is inherited by family members.the military rules.voters elect representatives.30s
- Q15The 3 branches of government are ____________________________legislative, executive, and judicial.executive, judicial, and representative.legislative, executive, and military.judicial, legislative, and federal.30s