Show:
Free Enterprise
Goods and Services
Supply and Demand
Business
Entrepenuer
100
when more than one person wants the same item and there isn’t enough to go around
What is scarcity
100
The mailman is an example of a __________.
What is service
100
a shopper being an example of _____________.
What is demand
100
Nintendo, Home Depot, and Apple are ___________.
What are businesses
100
An entrepenuer is someone who __________.
What is starts a company
200
When there is more of an item available than people who want it.
What is surplus
200
____________ is available at the grocery store.
What are goods
200
a factory is an example of _________.
What is supply
200
Why do people go into business?
What is to make a profit (make money)
200
I was born in Texas I created cosmetics I am a femaile Who am I?
Who is Mary Kay Ash
300
Two synonyms for FREE ENTERPRISE are:
What is free market and capitalism
300
If I have 100 snickers bars, and 80 people want a snickers bar. Will the people receive goods or services?
What are goods
300
there is a coco shortage and Hershey will have to close down and this is the last Hershey’s bar ever. What will be the demand?
What is high
300
Name something that keeps businesses from making money.
What is cost of production, selling prices, barriers, fees, buying equipment...
300
Name the 4 parts of a BUDGET.
What is earnings, expenses, savings, investments
400
_____________ has a free enterprise system.
What is America
400
Supply is how much of an item exists. This is an example of ____________.
What is goods
400
coco is not disappearing and there will be millions more candy bars. What will be the demand?
What is low
400
"rules" in a business are referred to as ____________.
What is regulations
400
Why is it important to have a BUDGET?
What is to not run out of money
500
Name 4 ways the government cannot control your money
What is spend, save, earn, invest
500
There are 15 people who want new shoes. The store clerk helps the people. What did he/she provide?
What is a service
500
If a toy during Christmas time is of HIGH DEMAND, what will the price be?
What is a high price
500
Name a pro and a con to paying taxes for a business.
What is a pro is education and military. A con is that people don’t get to keep all of the money they earned
500
I made chocolate and caramel. My company is located in Pennsylvania. I am a male. Who am I?
Who is Milton Hershey