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OCR GCSE Economics - 2.1 - The Role of Markets

Authored by Ally Peake

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10th Grade

Used 210+ times

OCR GCSE Economics - 2.1 - The Role of Markets
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A market is

A place where buyers and sellers come together

A place where people can buy goods

A place where buyers and sellers come together and agree a price for the exchange of goods and services

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Raw material is related to

Primary sector

Secondary sector

Tertiary sector

Services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The main activities in the secondary sector are:

Industry and education

Industry and construction

Construction and agriculture

Education and training

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A teacher belongs to the:

Primary sector

Secondary sector

Tertiary sector

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the secondary sector, workers:

Work in shops

Obtain raw materials

Transform raw materials into products

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is traded in a factor market?

Stationery

Car parts

Food

Teachers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is traded in a product market?

Fishermen

Carrots

Fields

Workers

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