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Principles Unit 2 Types of Businesses Review

Authored by MELISSA KELLEY HYATT

Social Studies

9th Grade

Used 3+ times

Principles Unit 2 Types of Businesses Review
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79 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT classified as a type of business according to the work activities performed?

Producers

Processors

Manufacturers

Consumers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Producers develop products for distribution from raw goods. Which of the following is an example of a producer?

A) Farming

B) Juice factories

C) Retailers

D) Oil refineries

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Processors change raw goods into a more finished form. Examples of processors include cotton mills, oil refineries, textile mills, and _________.

food processors

bookstores

car dealerships

movie theaters

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Manufacturers change raw or processed goods into finished goods. Which of the following is NOT an example of a manufacturer?

Juice factories

Clothing factories

Automobile factories

Forestry

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Intermediaries are referred to as the middleman.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Wholesalers buy finished goods from manufacturers in large quantities and sell them to businesses in smaller quantities.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Retailers buy finished goods from ________ or wholesalers.

manufacturers

customers

retailers

distributors

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