It's a global world
$100: What is the term for countries and businesses becoming more connected around the world?
→ Globalisation
$100: How many main purposes do businesses have?
→ Four
$100: What is an economy?
→ The system of producing, buying, and selling goods/services
$100: Who buys goods and services?
$100: Who buys goods and services? → Consumers
$200: Name one positive effect of globalisation.
→ More jobs / trade / technology sharing
$200: Name one of the purposes of a business.
→ Make profit / provide goods/services / employ people / meet needs
$200: Name one feature of a strong economy.
→ High employment / stable prices / lots of trade
$200: Who makes goods and services? →
$200: Who makes goods and services? → Producers
$300: Name one negative effect of globalisation.
→ Inequality / local businesses struggling
$300: How many main types of business ownership are there?
→ Three
$300: Name one feature of a weak economy.
→ High unemployment / inflation / low trade
$300 Who pays tarrifs on imports
Importer or Consumer
$400: Name an Asian country with a decreasing population
China, Japan, SK
$400: Give one type of business ownership.
Sole trader / partnership / company
$400: What is opportunity cost?
→ What you give up when making a choice
$500: What is the difference between goods and services?
$500: What is the difference between goods and services? → Goods are physical items; services are actions/help
Where was the 2014 Quidditch World Cup held
Argentina
Question: This Taylor Swift album, released in 2020, was inspired by folklore and indie-folk sounds. →
Question: This Taylor Swift album, released in 2020, was inspired by folklore and indie-folk sounds. → Answer: Folklore
$500: Name one of the four types of economies.
→ Market / planned / mixed / traditional
Question: This giant three-headed dog guards the trapdoor to the Philosopher’s Stone. →
Question: This giant three-headed dog guards the trapdoor to the Philosopher’s Stone. → Answer: Fluffy