Economics And Business Quiz: The Nature Of Business

10 Questions | Total Attempts: 93

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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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