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6) Cooperatives can eventually put up banks of their own. What are the evidences of their successes?

a. Many banks in Metro Manila and Central Luzon started out as cooperatives.
b. Most of the rural banks started out as cooperatives.
c. Cooperatives are not heavily taxed.
d. Opening of rural bank is allowed on a cooperative concept.
7) When a combination of independent business organizations form to regulate production, pricing and marketing of goods by the
members, which term applies?
a. Cartel
b. Monopoly
c. Depression
d. Inflation
8) What right and duty do Filipinos exercise when they participate in ratfying a proposed constitution?
a. Citizenship
b. Habeas Corpus
c. Suffrage
d. Bill of Rights
9) Martial law remained in force until 1981 under Procalamation # ________.
a. 1081
b. 1425
c. 9994
d. 7610
10) The process by which a person learns the requirments of the culture by which he or she is surrounded, and acquired values and
behaviors that are appropriate or necessary in that culture is called ________.
a. Assimilation
b. Enculturation
c. Cultural Relativism
d. Acculturation

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