UCSP QUIZ #1 FINAL TERM

Economic system that facilitates and manages the materials and roles provided in the market for purchasing or transaction. They are termed as RAW MATERIALS for the market.

• SERVICE AND COMMUNICATION

• SERVICE AND PRODUCTION

• SERVICE AND ORGANIZATION

• SERVICE AND FOODS

2. 2.An economic system that facilitates the overall transactions within the market. As such they may provide the suggested retail price for each transaction.  Ex. Government agencies.

• PRODUCTION SYSTEM

• SYSTEM OF TRANSACTION

• SYSTEM OF EXCHANGE

• SERVICE SYSTEM

Alex and his friends bought a ticket for a concert, he collected $35 each for the food they will bring in the concert. What concept of Economic Institution is this?

• REDISTRIBUTION

• RECIPROCITY

• AMBAGAN

• TRANSFER

Mary and her friend Susan, goes to market and they saw an old woman. They exchange 2 copper coins with the old woman’s apple?

• REDISTRIBUTION

• TRANSFER

• RECIPROCITY

• MARKET TRANSACTION

John sold his old farm to his friend, the transaction happened within the municipal hall.

• REDISTRIBUTION

• TRANSFER

• RECIPROCITY

• MARKTER TRANSACTION

 the type of organization most closely associated with the term 'international organization', these are organizations that are made up primarily of sovereign states.

• INTERNATION NON-GOVERNMENTAL ORGANIZATION

• INTERGOVERNMENTAL OGRANIZATION
• INTERNATIONAL ALLIANCE

• UNITED NATIONS

What are the core values of cooperatives?

• Self Help

•  Self Responsibility

• Independence

•  Equity and Solidarity

•  Democracy and Equality

The first and oldest intergovernmental organization.

• UNITED NATION

• CENTRAL GOVERNMENT

• COMMISSION OF INTERGOVERNMENTAL ASSOCIATION

• CENTRAL COMMISSION

Sarah and her friends volunteered in Red Cross as part of their willingness to help those who are greatly affected by the intense heat in northern provinces. Based on Economic Institution, what institution/group did Sarah and her friends volunteered?

• VOLUNTEER GROUP

• CENTRAL GOVERNMENT

• DEVELOPMENT AGENCIES

• CENTRAL COMMISSION

When does the TUCP were founded and how many labor federations were there

• DEC 4 1975 AND 22 FEDERATIONS

• DEC 14 1974 AND 23 FEDERATIONS

• DEC 14 1975 AND 22 FEDERATIONS

• DEC 14 1975 AND 23 FEDERATIONS