Business, Government & Society: Interactions and Influences

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What term refers to a group of individuals who reside in communities that have shared values and laws?

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1. Select the model that focuses on supply and demand, where a free market system sets the prices for goods and services.

2. Select the answer choice that is MOST accurate.

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About This Quiz & Worksheet

Society and the business world are strongly interconnected, and this quiz/worksheet combo will help you test your understanding of that relationship. Some items you'll be tested on are the definition of society and models of business, government, and society.

Quiz & Worksheet Goals

In these assessments, you'll be tested on the following definitions:

  • The term for a group of individuals residing in communities with shared values and laws
  • The model based on a free market, supply and demand-focused economy
  • The model related to populism
  • The model concerned with impacts on the symbiosis between society, government and busienss
  • An alternative term for public opinion

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related lesson on the interactions between business, government, and society
  • Defining key concepts - ensure that you can accurately define main phrases, such as society and public sentiment
  • Information recall - access the knowledge you've gained regarding different models for business, government and society
  • Knowledge application - use your knowledge to identify different models based on their characteristics

Additional Learning

To learn more, review the accompanying lesson on Interactions Between Business, Government and Society. This lesson covers the following objectives:

  • Define key terms such as society, business, and government
  • Understand how society, business, and government function together
  • Define countervailing forces
  • Define populism
  • Define market capitalism
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