Finals

Question 1

What retail market based out of Minnesota store went from department store to discount store

Answer 1

Target

Question 2

What was significant in regards to Ray Kroc, with McDonald’s

Answer 2

Introduced the concept of Franchising

Question 3

Monsanto patented what what seed?

Answer 3

Corn Seed

Question 4

The NBA pooling a portion of income through its teams through a process known as what?

Answer 4

Revenue Sharing

Question 5

This revolutionary boom of what in the 1990s is known as the 3rd industrial revolution

Answer 5

Technology Boom

Question 6

This kind of shopping boosted the advertising industry, companies needed to sell their products before customers came into the store.

Answer 6

Self-Serve Shopping

Question 7

Unlike installment credit, this credit didn’t have payments and let consumers to spend more

Answer 7

Revolving Credit

Question 8

What did the 1920s foreshadow?

Answer 8

The Housing Bubble of the 2000’s

Question 9

The irony of the renewed faith of the markets didn’t come during the economic boom of the 1950’s but in…

Answer 9

the economic downturn of the 1970’s