WG Economic Systems

Which level of economic activity is represented by the growing of cotton?

• Primary

• Secondary

• Tertiary

• Quaternary

What is the best title for the chart?

• Commercial Agriculture

• Subsistence Farming

• Developing Economy

• Cottage Industry

Which economic system best represents the characteristics in the diagram?

• Communist

• Free Enterprise

• Socialist

• Traditional

What is the best title for the chart?

• Commercial Agriculture

• Subsistence Farming

• Developing Economy

• Cottage Industry

Of the levels of economic activities, which one would you see the transformation of raw materials to complete for immediate use or to be used in the making of a final product?

• Tertiary

• Secondary

• Primary

• Quaternary

The characteristics above describe:

• Communism

• Socialism

• Commercial Agriculture

• Free Enterprise

Which type of economic activity is represented by the service of a merchant?

• Quaternary

• Primary

• Secondary

• Tertiary

The images shown are examples of:

• commercial industry and commercial agriculture

• commercial industry and subsistence agriculture

• cottage industry and commercial agriculture

• mass production and subsistence agriculture

Which of the following is a Quaternary sector?

• Merchant

• Researcher

• Farmer

• Construction

In which economic sector does the government have the most economic control?

• Monarchy

• Market

• Traditional

• Command