Economics And Business Quiz: The Nature Of Business
10 Questions
| Total Attempts: 93
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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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