Business and Economics
Listening Transcript
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You know, learning about Business and Economics can be pretty important. Let’s break it down. Business, right, it’s all about starting and running a company to make a profit. Folks in business are either selling stuff or providing services to customers. Then there’s Economics. This is like a map of how money and resources are used around the world. It can help us see how people, companies, and even whole countries make decisions about money. Some folks decide to study business and economics in college or university. They believe it can help them understand the world better and land a good job. It’s all about gaining the right knowledge to succeed in their careers.
Questions
Multiple Choice Questions
- According to the passage, what is the main goal of a business?
- A. To provide customer service
- B. To make a profit
- C. To study economics
- D. To use resources
- How is economics described in the passage?
- A. As a university subject only
- B. As a map of how money and resources are used
- C. As a type of business
- D. As a personal finance guide
- Why do some people study business and economics in higher education?
- A. To make friends
- B. To understand the world better and land a good job
- C. To become politicians
- D. To avoid working
Match the Definition with the Word
- The financial gain made in a transaction.
- A. Economics
- B. Profit
- C. Business
- D. Resources
- The science that deals with the production, distribution, and consumption of goods and services.
- A. Business
- B. Economics
- C. Profit
- D. Resources
- A collection of coordinated activities that provide goods or services.
- A. Profit
- B. Economics
- C. Business
- D. Resources
Answers
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Multiple Choice Questions
- B. To make a profit
- B. As a map of how money and resources are used
- B. To understand the world better and land a good job
Match the Definition with the Word
- B. Profit
- B. Economics
- C. Business
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