[Rookie] Stock Sector Test

Which is the best, most simplified synonym for the economic term "capital goods" (2 answers)

• assets available

• resource goods
• Things such as buildings, machinery, and equipment

• Physical things that help produce more economic activity

Which is the best, most simplified synonym for the economic term for the economic term "cheaper substitutes" (2 answers)

• cheaper, lower quality brand

• someone who trades for higher prices

• the revenue of a company

• inferior goods / low-cost alternatives

Which is the best, most simplified synonym for the economic term "non-essential goods" (2 answers)

• things that are not absolutely necessary

• goods that cannot be replaced and are essential

• the revenue of a company

• impulse purchases, dining out, jewelry, and electronics

Which is the best, most simplified synonym for the economic term "resource extraction" (2 answers)

• taking materials from the Earth for human use

• the process of making essential goods

• manufacturing

• getting sand, rock, oil, wood, etc. from the earth by excavation, drilling, etc

Which is the best, most simplified synonym phrasing for the economic term "leisure" (2 answers)

• free time

• self-fish like mercantilism

• manufacturing

• rest, enjoy hobbies or sports, etc.

Organize these options into the right categories

Groups:

(a) Industrial Sector

,

(b) Consumer Discretionary Sector

• sell machinery

• EA Arts Video Games

• construction companies

• jewelry businesses or extraction

• resource extraction

• Chipotle

• aerospace and defense companies

• manufacturing companies

• hotel companies

• leisure activities

Leah goes to the store and buys items to make dinner. Leah is a _________.

• producer
• consumer

Avery cuts and colors hair for her clients. Avery is a _________.

• producer
• consumer

buying a dozen cookies from the local bakery

• good
• service

having your lawn mowed by a lawn service

• good
• service