Why businesses exist

Find out why people start businesses and the different ways businesses provide goods and services to consumers.

⏱ 17 min❓ 8 questions

What you'll be able to do

✔I can explain the main reasons businesses are established
✔I can describe different ways businesses provide goods and services
✔I can calculate profit from revenue and costs

How this works

1Read the short explanations first — they teach you what you need before each question.
2Answer each question, then tap Check. A right answer moves you on automatically; if it's wrong, you'll see a friendly explanation of why.
3Finish all 3 steps to see your score — sign in and subscribe to unlock the full lesson and save it.

What's inside

8 questions and 1 quick teaching card, including:

✅Select all that apply — More than one can be right — pick every option that fits.
🔗Match the pairs — Choose the partner that goes with each item.

👪Grown-up tip: sit alongside younger learners for the first few lessons. Read the questions together and chat about the explanations — that's where the real learning sticks.

Curriculum: AC9HE7K02