Mod 3. exam Review

Mod 3. exam Review

Assessment

Assessment

Created by

Derek Wotton

Social Studies

12th Grade

34 plays

Hard

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30 questions

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1.

MULTIPLE CHOICE

30 sec • 1 pt

An entrepreneur is best defined as a person who

2.

MULTIPLE CHOICE

30 sec • 1 pt

Samuel F.B. Morse patented the

3.

MULTIPLE CHOICE

30 sec • 1 pt

You are starting a lawn care business. Which of the following would be a needed land resource?

4.

MULTIPLE CHOICE

30 sec • 1 pt

Your friend wants to open a clothing shop. A necessary capital resource is a

5.

MULTIPLE CHOICE

30 sec • 1 pt

Meg and her mother are opening a cupcake shop. They buy an oven, a walk-in cooler, and a decorating table. In terms of factors of production, what are these items?

6.

MULTIPLE CHOICE

30 sec • 1 pt

Jessica is a violinist who believes she can extend her method of learning music to early childhood education. She opens a preschool in her hometown, using her expertise to form an arts-based program. What factor of production is this?

7.

MULTIPLE CHOICE

30 sec • 1 pt

Your friend likes to direct all the activities of his business. It would be best for him to create a

8.

MULTIPLE CHOICE

30 sec • 1 pt

Your friend hopes to expand her business to multiple locations. It would be best for her to create a

9.

MULTIPLE CHOICE

30 sec • 1 pt

Your friend lacks the financial capital to start a business. You offer to help him and he accepts. You and your friend create a

10.

MULTIPLE CHOICE

30 sec • 1 pt

Antonia runs her own business as a cabinetmaker. What benefit and what drawback does her sole proprietorship entail?

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