Business Basics 8 End of Term Exam 2021

In the secondary production the industries involved are construction and manufacturing. This is so because at this stage all raw material would be changed into finished product.

• True

• False

Tertiary Production is the distribution of finished product to consumer/customer whether it may be an individual or an organization.

• True

• False

Surplus production is when the country produces enough goods, it can be served for local folks and exported to others internationally.

• True

• False

Production which involves the offering of services between producer and consumer is called tertiary production.

• True

• False

The primary or production sector are all jobs from which raw materials from plants and animals are obtained.

• True

• False

In addition to providing food and raw material, agriculture also provides employment opportunities to a very large percentage of the population.

• True

• False

Some careers in agriculture are farmers, farm managers, soil and plants scientists, food scientists and so on.

• True

• False

Apples, pineapple, mangoes, grapes are all found above the earth surface and are known to be raw materials. 

• True

• False

There are four major levels of production and these are subsistence, domestic, surplus and export.

• True

• False

One benefit of domestic production is that it reduces importation of goods and provides job opportunities for local people. 

• True

• False