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- 1. Multiple Choice
Coming up with new ideas and creating new products.
free enterprise
research and development
fiber optics
consumers
- 2. Multiple Choice
People who buy products or use services.
consumers
free enterprise
workers
entrepreneur
- 3. Multiple Choice
A person who takes risks by creating new products she/he thinks people will want.
employee
consumer
entrepreneur
investor
- 4. Multiple Choice
Economic system that allows people to own and run their own businesses.
democracy
city
store of value
free enterprise
- 5. Multiple Choice
When we give money and receive items in exchange.
measure of value
medium of exchange
free enterprise
store of value
- 6. Multiple Choice
When people compare prices before they buy something.
measure of value
store of value
medium of exchange
consumer
- 7. Multiple Choice
When a person decides to save their money instead of buying something that they don't need because it will require all the money they have or more than they want to spend.
store of value
medium of exchange
measure of value
profit
- 8. Multiple Choice
The business of providing services or products for people who travel .
consumers
medium of exchange
free enterprise
tourism
- 9. Multiple Choice
Sending information long distances by telephone and television.
cosumer
telecommunications
free enterprise
toursim
- 10. Fill in the Blank
Wizard of Menlo Park is a nickname for
- 11. Multiple Choice
Menlo Park was a
store
school
invention factory
home
- 12. Multiple Choice
Thomas Edison invented
movie film
cellphone
light bulb
typewriter
computer
- 13. Fill in the Blank
A nickname for New Jersey is
- 14. Multiple Choice
A city that is a seaside resort with beaches, boardwalks and casinos.
Ocean City
Wildwood
Atlantic City
Seaside Heights
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