1. Intro to Business Jeopardy!!!!

2. Chapter 1Chapter 2Chapter 3Chapter 4Hodgepodge 100 200 300 400 500 Right Side of Room CenterLeft Side of Room Final Jeopardy

3. Question: Chapter 1 100 Points Things that are required to live

4. Answer: Chapter 1 100 Points What are Needs

5. Question: Chapter 1 200 Points Things available to be used to produce goods and services.

6. Answer: Chapter 1 200 Points What are Economic resources

7. Question: Chapter 1 300 Points Not having enough resources to satisfy every need

8. Answer: Chapter 1 300 Points What is Scarcity

9. Question: Chapter 1 400 Points Resources are owned and controlled by the government

10. Answer: Chapter 1 400 Points What is a Command Economy

11. Question: Chapter 1 500 Points What will move & which way

12. Answer: Chapter 1 500 Points What is Supply and To the Left

13. Question: Chapter 2 100 Points Total dollar value of all final goods and services produced in a country during one year is called

14. Answer: Chapter 2 100 Points What is Gross Domestic Product (GDP)

15. Question: Chapter 2 200 Points An increase in the general level of prices or weakening of the dollar

16. Answer: Chapter 2 200 Points What is Inflation

17. Question: Chapter 2 300 Points People over 16 that are looking for work but cannot find any

18. Answer: Chapter 2 300 Points What is The unemployment rate

19. Question: Chapter 2 400 Points Total amount of money the government owes

20. Answer: Chapter 2 400 Points What is The national debt

21. Question: Chapter 2 500 Points A period in the business cycle marked by a long period of high unemployment, weak consumer sales, and business failures

22. Answer: Chapter 2 500 Points What is Depression

23. Question: Chapter 3 100 Points Items bought from other countries

24. Answer: Chapter 3 100 Points What is an Import

25. Question: Chapter 3 200 Points Name two of the three things that affect the exchange rate

26. Answer: Chapter 3 200 Points What is 1.Balance of payments 2.Economic conditions 3.Political stability

27. Question: Chapter 3 300 Points Tax government puts on imports

28. Answer: Chapter 3 300 Points What is a Tariff

29. Question: Chapter 3 400 Points Company that operates in multiple nations

30. Answer: Chapter 3 400 Points What is a Multinational Corporation

31. Question: Chapter 3 500 Points Exists when a country specializes in the production of a good or service at which it is relatively more efficient

32. Answer: Chapter 3 500 Points What is a Comparative Advantage

33. Question: Chapter 4 100 Points A set of rules guiding the actions of employees is called

34. Answer: Chapter 4 100 Points What is Code of ethics

35. Question: Chapter 4 200 Points Duty of a business to contribute to the well-being of a community

36. Answer: Chapter 4 200 Points What is Social responsibility

37. Question: Chapter 4 300 Points Government agency that oversees workplace safety

38. Answer: Chapter 4 300 Points What is OSHA or Occupational Safety Health Administration

39. Question: Chapter 4 400 Points Philanthropy is also known as

40. Answer: Chapter 4 400 Points What is Charity

41. Question: Chapter 4 500 Points List two benefits for a business to operate ethically.

42. Answer: Chapter 4 500 Points More repeat customers, more new customers, no fines, less employee turnover, better business image, society acceptance

43. Question: Hodgepodge 100 Points A tree is an example of what type of resource

44. Answer: Hodgepodge 100 Points What is a Natural Resource

45. Question: Hodgepodge 200 Points We fill three roles in society. Which one do we fulfill when we buy and use products

46. Answer: Hodgepodge 200 Points What is Consumer

47. Question: Hodgepodge 300 Points What is the item you give up for another item known as

48. Answer: Hodgepodge 300 Points What is the Opportunity Cost

49. Question: Hodgepodge 400 Points It takes you 2 hours to a do math worksheet and 6 hours to do English homework. What is the opportunity cost of doing your English.

50. Answer: Hodgepodge 400 Points What is 3 Math worksheets

51. Question: Hodgepodge 500 Points What are the 6 steps to the decision making process.

52. Answer: Hodgepodge 500 Points What are 1. Define the problem 2. ID the choices 3. Evaluate the advantage and disadvantages 4. Choose the best 5. Act on your choice Review your decision

53. Final Jeopardy – Make your Wager

54. Final Jeopardy Question List and explain three of the economic indicators

55. Final Jeopardy Answer What is 1.Unemployment rate 2.Consumer spending / saving 3.Inflation / deflation 4.Interest rate