We’ve compiled some real JSS1 Business Studies questions to test your knowledge when it comes to business (Igbo people are smiling right now). If you can’t make it to the last question, please don’t think of starting a business.
Let’s see how you do:
Questions
This is a question
____________ is the creation of goods and services.
The money paid to an employee for services rendered is called _____________
Buying and selling of goods is known as ____________
An entrepreneur must be able to __________ for the business.
A consumer must derive __________ from every goods used.
If chemicals are not properly handled, they could cause the following except ___________
Which of the following industries takes raw materials from the earth?
An aids to trade that compensates when there is loss of life or property is ____________
Entrepreneurship brings about ___________ in the economy.
The following are factors of production except _____________
Trade between two countries is known as __________ trade.
Which of the following is referred to as “partnership agreement”?
Aids to trade can also be called _____________
You got #{score}/#{total}
Look at your score. We hope you’re not running a business o.
You got #{score}/#{total}
You tried, but maybe return to secondary school to brush up on your knowledge.
You got #{score}/#{total}
Ahnahn! Dangote, is that you?