10
practice examMultiple Choice

Practice Exam

Question 10 • Economics

What are some benefits to private ownership? Choose three correct answers.

Answer
A
Private ownership can make it possible for a business to earn money.
B
Private ownership might help a person move to another economic class.
C
Private ownership provides land or goods for all citizens to use.
D
Private ownership provides offices for government workers.
E
Private ownership allows a person to own goods that may increase in value.

Explanation

Private ownership lets people own goods that can rise in value, such as a home or a collectible. It can also help someone move to a different economic class by building wealth, and it allows businesses to earn money from goods or services they provide. Government offices and resources intended for all citizens are not benefits of private ownership.

AI-written and checked against the verified answer.

Previous
Next