9 ECB T1 Revision
Authored by Max woodward
Business
10th Grade
Used 5+ times
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81 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the following definition: 'the production, distribution and consumption of goods and services, and the supply of money of a country or region (e.g. Australia)'?
Economy
Geography
Democracy
Ecology
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the following definition: 'the level of economic activity of the world’s individual countries considered together, as a single economic system.'?
Global Economy
National Budget
Local Market
Regional Trade
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the following definition: 'An organisation, enterprise or business engaged in the production and trade of goods and services.'?
Business
Employee
Consumer
Government
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: ______ are items that you purchase (e.g. pens, pencils, computers).
Good
Services
Experiences
Ideas
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: ______ is an activity provided by another person (e.g. washing a car, teaching).
Service
Product
Material
Tool
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best defines 'Good'?
An activity provided by another person (e.g. washing a car, teaching)
Items that you purchase (e.g. pens, pencils, computers)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best defines 'Service'?
Items that you purchase (e.g. pens, pencils, computers)
An activity provided by another person (e.g. washing a car, teaching)
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