Quizalize logo
placeholder image to represent content

Econ: Businesses, Labor, and Wages (Unit 3, Ch. 8-9)

Quiz by Cory West

Feel free to use or edit a copy

includes Teacher and Student dashboards

Measure skills
from any curriculum

Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.

With a free account, teachers can
  • edit the questions
  • save a copy for later
  • start a class game
  • automatically assign follow-up activities based on students’ scores
  • assign as homework
  • share a link with colleagues
  • print as a bubble sheet

Our brand new solo games combine with your quiz, on the same screen

Correct quiz answers unlock more play!

New Quizalize solo game modes
25 questions
Show answers
  • Q1
    In arbitration, disputing sides agree to a third party whose decision will be accepted as final.
    True
    False
    60s
  • Q2
    Some states have set up their own minimum wage higher than the federal minimum wage.
    False
    True
    60s
  • Q3
    Workers who tend to have the highest level of education and managerial skills are...
    Semi-skilled labor
    Professional labor
    Skilled labor
    Unskilled labor
    60s
  • Q4
    A craft union is an association, or grouping, of workers in the same industry, regardless of the job each worker does
    False
    True
    60s
  • Q5
    General partnerships...
    are the most common where one or more partners may not be involved (silent) in the day top day operations
    file for permission to start from the government, which grants the number of shares of stock that may be sold to the public
    have limited responsibility for its debts and obligations
    are the most common of partnerships where all partners are responsible
    60s
  • Q6
    Unions play a major role in helping to create the legislation, or laws, that affects our pay and working conditions today.
    True
    False
    60s
  • Q7
    Unskilled labor are jobs that do not require special training and skills
    True
    False
    60s
  • Q8
    _____________ is when a neutral third party recommends a compromise to disputing sides
    Arbitration
    Injunction
    Fact-finding
    Mediation
    60s
  • Q9
    Partnerships are owned by two people, easy to start, simple to manage, keep profits, no business income taxes, easy to end, and recognized as separate legal entity with all the rights of an individual.
    false
    true
    60s
  • Q10
    The franchisee is the actual owner
    True
    False
    60s
  • Q11
    In labor terms, seizures are also known as
    arbitrations
    injunctions
    interventions
    bargaining
    60s
  • Q12
    Franchises include companies like...
    McDonalds, Jimmy John's, Ace hardware stores, and Wal-Mart
    Wal-Mart, McDonalds, Buc ees, and Jimmy John's
    Ace Hardware, McDonalds, Buc ees, and Jimmy John's
    McDonalds, Jimmy John's, Ace hardware stores, and 7 eleven convenience stores
    60s
  • Q13
    Horizontal mergers are when companies involved in different stages of manufacturing or marketing join together
    False
    True
    60s
  • Q14
    The smallest form of business, owned and operated by an individual is a
    corporation
    non-profit
    franchise
    sole proprietorship
    60s
  • Q15
    Businesses grow in a number of ways, including reinvestment, such as building new buildings, and mergers, which includes vertical and horizontal mergers.
    True
    False
    60s

Teachers give this quiz to your class