2021 Economic Review

HEB produce is an example of what type of production?

• Commercial Industry
• Cottage Industry
• Commercial Agriculture
• Subsistence Agriculture

Families who farm to feed themselves are examples of -

• Commercial Industry
• Cottage Industry
• Commercial Agriculture
• Subsistence Agriculture

Nike and Apple are examples of what type of production?

• Commercial Industry
• Cottage Industry
• Commercial Agriculture
• Subsistence Agriculture

Which of the following is a characteristic of a MORE DEVELOPED country?

• High agricultural activity
• High birth rates
• High life expectacy
• Low GDP per capita

Which of the following is a characteristic of a LESS DEVELOPED country?

• High GDP per capita
• High life expectacy
• High infant mortality
• High services & industry

Which of the following is a characteristic of a MORE DEVELOPED country?

• Low life expectacy
• High industrialization
• High birth rate
• Low literacy rate

Which of the following is a characteristic of a LESS DEVELOPED country?

• Low literacy rate
• Low agricultural activity
• Low birth rate
• Low infant mortality

Solar power, wind power and hydro power are all examples of which type of resource?

• Renewable
• Non-Renewable

Oil and natural gas are examples of which type of resource

• Renewable
• Non-Renewable

Tailor is an example of which level of economic activity?

• Primary
• Secondary
• Tertiary
• Quaternary