Free Enterprise Test
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| show | the force that encourages people and organizations to improve their material well-being
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| Open Opportunity | show 🗑
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| show | the concept that people have the right and privilege to control their possessions as they wish
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| show | the concept that people may decide what agreements they want to enter into
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| Voluntary exchange | show 🗑
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| Competition | show 🗑
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| Interest Group | show 🗑
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| show | laws requiring companies to provide full information about their products
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| show | the concerns of the public as a whole
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| Macroeconomics | show 🗑
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| Microeconomics | show 🗑
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| show | the total value of all final goods and services produced in a particular economy
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| show | a period of macroeconomic expansion followed by a period of contraction
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| show | a commitment to the value of work and purposeful activity
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| show | the process used to produce a good or service
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| Public Good | show 🗑
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| Public Sector | show 🗑
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| Private Sector | show 🗑
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| show | someone who would not choose to pay for a certain good or service, but who would get the benefits of it anyway if it were provided as a public good
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| show | a situation in which the market does not distribute resources efficiently
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| show | an economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume
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| show | an income level below that which is needed to support families or households
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| show | government aid to the poor
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| show | direct payments of money to eligible poor people
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| show | Goods and services provided for free or at greatly reduced prices
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
weakstick
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