
Mod 3. exam Review

Assessment
•

Derek Wotton
•
Social Studies
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12th Grade
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34 plays
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Hard
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30 questions
Show all answers
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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