
SS 1 ECONOMICS FIRST TERM EXAM

Quiz
•
Science
•
10th Grade
•
Hard
Ogunleke Abosede
Used 11+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The reward for land as a factor of production is ———
interest
rent
dividends
wages
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The three broad categories of productions are ———
direct, secondary and extractive
Primary, tertiary and direct
Primary, secondary and tertiary
Secondary, primary and direct
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mining is an example of ———
tertiary production
primary production
secondary production
advanced production
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Human wants are unlimited because ___
production is inadequate
resources have alternative uses
new wants always rises
resources are limited
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A basic economic problem of any society is __
high level of illiteracy
irregular power supply
population growth
resources allocation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes the mode
observation with the highest frequency
average of two middle numbers
items that occupies the middle position
difference of two extreme values
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An arrangement of data in rows and columns is referred to as a __
graph
bar chart
pie chart
table
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