Economics And Business Quiz: The Nature Of Business

10 Questions | Attempts: 94
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Economics And Business Quiz: The Nature Of Business - Quiz

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Questions and Answers
  • 1. 

    ____Production means producing all of your needs without the help of others.

  • 2. 

    In a subsistence economy,just enough is provided in order to_____.

  • 3. 

    One of the difficulties of barter was that of agreeing at an ____.

  • 4. 

    _____make the exchange of goods easy and barter unnecessary.

  • 5. 

    A problem of specialization is that repeating a task can become_____.

  • 6. 

    One of the advantages of division of labor is that workers become more_____in their job.

  • 7. 

    Providing just enough to satisfy the needs of one's self and immediate family is referred to as______.

  • 8. 

    The exchange of goods for other goods without the use of money is called_____.

  • 9. 

     A system of direct product can also be referred to a _____.

  • 10. 

    The early mediums of exchange example shells and stones are referred to as ______.

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  • Current Version
  • Mar 19, 2022
    Quiz Edited by
    ProProfs Editorial Team
  • Sep 23, 2009
    Quiz Created by
    Pctranz
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