ECONOMICS - SECTORS OF THE ECONOMY

The sectors are classified into public and private sector on the basis of:

• (a) Employment conditions

• (b) The nature of economic activities

• (c) Number of workers employed

• (d) Ownership of enterprises

When we produce a good by exploiting natural resources, it is an activity of the:

• (a) Secondary sector

• (b) Tertiary sector

• (c) Primary sector

• (d) Organised sector

The service sector includes activities such as:

• (a) agriculture, dairy, fishing and forestry

• (b) making sugar, gur and bricks

• (c) transport, communication and banking

• (d) None of these

Choose the correct meaning of organised sector:

• (a) It covers those enterprises where the terms of employment are regular.

• (b) It is outside the control of the government.

• (c) Jobs are not regular.

• (d) It provides low salaries.

Which of the following is included in tertiary sector?

• (a) ATM booths

• (b) Call centres

• (c) Internet cafe

• (d) All of them

Government owns most of the assets and provides all the services:

• (a) Private Sector

• (b) Public Sector

• (c) Organised Sector

• (d) Tertiary Sector

The value of all final goods and services produced within a country during a particular year is called as:

• (a) Gross Domestic Product

• (b) Net Domestic Product

• (c) National Product

• (d) Production of Tertiary Sector

which sector of the economy removes or harvest products directly from the earth in order to extract raw materials or food?

• secondary

• primary

• tertiary

• linear

3 types of tertiary jobs

• banker,teachers,doctor

• doctor,teacher,steel making

• fishing,hunting,astronaut

agriculture would be an example of

• secondary sector

• tertiary sector

• primary sector