Economics

Money that the government collects from individuals and businesses to pay for public goods and services

• Rand

• Tax

• dollar

• serving

what do we call someone who took a risk and start a business?

• manager

• entrepreneurship

• entrepreneur

• enterprise

What are the four types of economic activities?

• primary, secondary and locus

• primary, secondary and temptation

• primary, secondary and tertiary

• none of the above

What is the remuneration of an entrepreneur?

• profit

• wage

• salary

• rent

Another name for natural resources

• land

• unnatural resources

• water

• air

Which one of these is not a characteristic of entrepreneur?

• organized

• good looking

• creative

• risk taker

The study of factors of production falls under_

• economic pursuit

• contemporary economic

• microeconomics

• macroeconomics

which sector is usually the biggest in developed countries?

• primary sector

• secondary sector

• tertiary sector

• informal sector

which of these is an example of a primary sector?

• fishing

• vehicle

• teaching

• teaching

Which of these is not the IMPORTANCE of secondary sector?

• contributing exports

• contribution to employment

• contribution to the GDP

• contributing money