Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
Which term refers to the total value of goods and services produced within a country's borders in a specific time period?
Which term refers to the total value of goods and services produced within a country's borders in a specific time period?
- Gross National Product (GNP)
- Gross Domestic Product (GDP) (correct)
- Domestic goods
- Foreign goods
What is the term for businesses that focus on producing physical goods?
What is the term for businesses that focus on producing physical goods?
- Services Business
- Goods-producing businesses (correct)
- Small Business
- Business
What is the term for reducing the size of a company's workforce to increase efficiency and reduce costs?
What is the term for reducing the size of a company's workforce to increase efficiency and reduce costs?
- Downsize (correct)
- Empowerment
- Franchisee
- Entrepreneur
Flashcards are hidden until you start studying
