G9 Revision Quiz_1

_____________is the study of systems

• Economy

• Economics

• GDP

_____________ is a system of all economic activities in action. Countries/ Regions are also referred to as an ‘Economy’, when talking about it.

• Economy

• Economics

• GDP

^{Identify the Sector of Economy, that this picture show. (Image source The Wire)}

• Primary

• Secondary

• Tertiary

• Quaternary

^{Identify the Sector of Economy, that this picture show. (Image source The Economic Times)}

• Primary

• Secondary

• Tertiary

• Quaternary

^{Identify the Sector of Economy, that this picture show. (Image source JustScience)}

• Primary

• Secondary

• Tertiary

• Quaternary

_______ ARE THE FACTORS AND COMPONENTS THAT HINDERS THE GROWTH OF AN ECONOMY.

• Lubricnats

• Frictions

• Injections

• Leakages

_______ ARE THE PROCESS HOW MONEY IS INJECTED/FLOWED IN THE ECONOMY.

• Lubricnats

• Frictions

• Injections

• Leakages

_______ ARE THE POSITIVE FACTORS AND IMPORTANT COMPONENTS OF THE ECONOMY THAT HELPS THE ECONOMY TO RUN.

• Lubricnats

• Frictions

• Injections

• Leakages

_______ ARE THE FLOW OF MONEY IN WHICH MANNER IS STOPPED OR REDUCED IN THE ECONOMY.

• Lubricnats

• Frictions

• Injections

• Leakages

If Injections are more than leakages

• Income Rises

• Income Falls

• Income remains the same