Economic Sectors and Globalization

Economic Sectors and Globalization

9th Grade

20 Qs

quiz-placeholder

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Economic Sectors and Globalization

Economic Sectors and Globalization

Assessment

Quiz

Others

9th Grade

Practice Problem

Hard

Created by

Vence Himatay

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector is responsible for the majority of employment in most modern economies?

a) AHFF Sector

b) Industrial Sector

c) Service Sector

d) Informal Sector

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a service provided by the Service Sector?

a) Manufacturing automobiles

b) Retail sales in a grocery store

c) Growing crops on a farm

d) Mining coal from a quarry

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Globalization refers to:

a) The process of increasing interdependence among countries and their economies.

b) The process of building walls and barriers between countries.

c) The process of decreasing international trade.

d) The process of isolating a country's economy from the rest of the world.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does foreign trade impact a country's economy?

a) It has no effect on the economy.

b) It can stimulate economic growth through increased exports and imports.

c) It leads to increased government regulation.

d) It decreases employment opportunities.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the AHFF sector stand for?

a) Agriculture, Horticulture, Forestry, and Fisheries

b) Arts, Humanities, and Film Festivals

c) Aerospace, Housing, and Food Franchises

d) All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Foreign trade involves:

a) Trade between individuals within the same country.

b) Trade between companies within the same industry.

c) Trade between countries.

d) Trade between neighboring cities.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key characteristic of the Informal Sector?

a) It operates outside the regulations and formal structures of the economy.

b) It is highly regulated by government agencies.

c) It primarily consists of large corporations.

d) It focuses on high-tech industries.

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