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Welcome to the Chapter 6 Quiz Game!
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| First, you will read the questions and write down your answer for each one and then continue onto the Answer page which is at the bottom of this page. |
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| 1) One of the below is a right, we as U.S. citizens have. Which one? |
| a. Right to be armed at all times |
| b. Right to own property |
c. Right to own a gorilla without a permit
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| 2) What is one type of business? |
| a. Processor |
| b. Distributor |
| c. lemonade |
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| 3) What is one charcteristic of the present U.S. economy? |
| a. freedom to compete |
| b. service businesses |
| c. agricultural economy |
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| 4) What is the definition of a contract? |
| a. a natural resource |
| b. a type of business |
| c. a binding agreement |
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| 5) What is a retailer? |
| a.a wholesaler |
| b. business that purchases goods from wholesalers and results directly to the customer |
| c. a creepy man that sells used computers for a living |
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| 6) What is a monopoly? |
| a. A company that sells all or practically all of a product or serviceand has little or no competition |
| b. Proctor & Gamble |
| c. An exotic type of cucumber |
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| 7) Which one of these is a freedom? |
| a. Freedom to own and/or start a business |
| b. Freedom to compete |
| c. All of the above |
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| 8) What do service businesses produce? |
| a. oranges |
| b.nightstands |
| c. services |
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| 9) What type of business products from wholesalers? |
| a. retailers |
| b. manufacturers |
| c. producers |
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| 10) What is an example of a raw good? |
| a. a tree |
| b. all natural water from a stream in Fiji |
| c. a piece of coconut cream pie |
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