Chapter 2,3 Test – REVIEW

On D2L you will find the key terms and PowerPoints for each chapter. You should
review these along with your class notes. Anything discussed could be on the
test.

The unit test will consist of:

A. Fill in the blanks
- Key terms from chapters 2 and 3
B. Multiple Choice questions
- from chapters 2 and 3
C. Decision Matrix
- Complete a decision matrix correctly to determine a course of
action for a given dilemma
D. Short Answer
- forms of business ownership (advantages and disadvantages)
- small and big business in Canada
- the role and nature of government owned enterprises.

What you should practice

Chapter 2:
- decision making matrix (chapter 2 PowerPoint and Decision-
Making Exercise worksheet)
- Characteristics of a Free Market Economy worksheet
- Review questions pg. 33 #1-8
Chapter 3:
- Review questions pg. 52 #1-8