SOL CE12

How do financial institutions obtain funds to give loans to customers?

Banks accept deposits, pay interest, and ______________________?

How does a financial institution encourage savings?

Which of the following is NOT a financial institution?

What is the impact of technological innovation on world trade?

Which term completes the graphic?

In the US economy what do consumers sell to businesses?

Households own the resources used in production, sell the resources, and use the income-

If a corporation fails, the owners' liability is their--

What does this describe?

What has had the biggest impact on the global flow of information?

An entrepreneur is a person who--

Complete the graphic:

In the economy all of the following move between business, households and the government EXCEPT

What does the government collect from consumers to provide goods and services?

What is one way to lower the cost of production?

Advancements in technology have increased the number of people needed to--

Innovations in technology contribute to all of the following EXCEPT

Which of the following would be the lowest risk investment?

Private financial institutions act as intermediaries between savers and _____________?

This shows how financial institutions act as intermediaries between savers and borrowers by-

The people with the ideas and courage to start a business are known as what type of resource?

Dan wants to invest in the business that has the least risk- which type should he choose?

Some of the profits a business makes are used to buy more--

Who takes the risks and shares the profit in a partnership?

During which year would consumers have been most willing to buy a home?

Which is an example of a proprietorship?

Which innovation has contributed to the global flow of information, capital, and goods?

In the US economy what do business buy from consumers?

The buying and selling of goods and services in a worldwide market is called-

What type of financial institution is a non-profit created for members?

In a proprietorship the profits are kept by-

Which type is allowed by law to act as one legal person regardless of the number of owners?

Which country imported less in 2010 than it did in 2009?

Virginia and the United States seek out international trade to-