Grade 10 Business Sectors

Businesses that operate in the public sector are owned by government

• True

• False

An example of a business in the primary sector would be...

• a restaurant

• a bank

• a mechanic

• a fisherman

Businesses that are there to make a profit and satisfy needs and wants of the consumer are found in the...

• public sector

• private sector

The business in the image is most likely to be in the following sectors ...

• formal, secondary and private

• informal, tertiary and private

• informal, primary and private

• informal, tertiary and public

GDP is an acronym for...

• General democratic people

• Gross diplomatic people

• Gross domestic product

• Gross diplomatic product

Informal businesses do not contribute to the economy.

• True

• False

The product in the image is an example of a...

• finished good

• intermediate good

• industrial good

The product in the image is an example of a/an...

• finished good

• industrial good

• intermediate good

An example of an auxiliary service is...

• hairdressing

• a mechanic

• sales

• storage

After all the looting that took place in South Africa last week, which auxiliary service are businesses most likely to use?

• Transport

• Information

• Insurance

• Storage