Which type of markets include markets such as rice and oil markets, currency markets, stock markets, real estate markets?

Markets based on trading objects

Markets based on the role of trading objects

Markets based on the scope of trading relationships

Markets based on characteristics and operation mechanisms

In terms of spatial scope, where is Vietnamese coffee sold?

Some regional markets in the country

What basic market function did company X fail to perform well when some men's shirts were returned due to sewing defects?

Regulation and stimulation function

Restricting production function

In which relationships are economic entities completely free to buy, sell, and exchange goods and services?

Competition, supply-demand, prices.

One of the disadvantages of the market mechanism is

Inherent risks, crises, recessions.

Always stable, price stabilization.

Stimulate the dynamism of economic entities.

What is the price of goods?

C. The amount of money to be paid for a commodity to compensate for the production and circulation costs of that commodity and the actual selling price of a commodity in the market or the price of goods agreed upon between the buyer and the seller.

A. The amount of money to be paid for a commodity to compensate for the production and circulation costs of that commodity.

B. The actual selling price of a commodity in the market or the price of goods determined by the seller.

D. The actual selling price of a commodity in the market or the price of goods agreed upon between the buyer and the seller.

Which is not an advantage of the market mechanism?

A. Unhealthy competition causing damage to producers and consumers.

B. Stimulating the creativity of economic entities, developing production forces, and economic growth.

C. Reallocating economic resources, better meeting the needs and interests of economic entities.

D. Better satisfying human needs, thereby promoting social progress and civilization.

Which is not a disadvantage of the market mechanism?

A. Better satisfying human needs.

B. Inability to self-correct the phenomenon of social differentiation.

C. Generating unhealthy competition.

D. Potential risks, crises, and recessions.

Which is not a function of market prices?

D. A tool for the State to manage, stimulate, and regulate the economy.

A. Recognizing the social utility of goods and labor that have been wasted to produce it.

B. Providing information for economic entities to make decisions to increase or decrease consumption.

C. Allocating resources, contributing to regulating the scale of production, balancing supply and demand.

What is the main purpose of state budget revenue and expenditure?

To satisfy the state's spending needs

To satisfy organizational spending needs

To satisfy business spending needs

To satisfy individual spending needs

Which of the following is not a characteristic of the state budget?

The state will refund to the people the amounts they have paid to the state budget.

The establishment and use of the state budget must comply with the State Budget Law.

The state is the sole entity with the right to own and decide on the revenues and expenditures of the budget.

The state budget aims to resolve common interest relationships in society.

Which statement below is incorrect about the role of the state budget?

The state budget is to ensure the spending needs of all citizens in society.

The state budget provides financial resources to maintain the operation of the state machinery.

The state budget is a tool to regulate the market, stabilize prices, and control inflation.

The state budget regulates income through taxes and social welfare funds.

Which revenue source accounts for the largest proportion of the total state budget revenue?

Revenue from exports and imports.

Basic Economic Activities Quiz

Authored by Diem Hang Phan

Education

12th Grade

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106 questions

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MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most basic economic activity?

Human

Seller

Buyer

Government

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What is the purpose of production activity?

Producer's life

Social life

Investor's life

Consumer's life

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the activity of dividing production factors among different production sectors and units to create products called?

Exchange activity

Consumption activity

Production activity

Distribution activity

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the activity of delivering products to consumers called?

Exchange activity

Consumption activity

Production activity

Distribution activity

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic activity involves using goods, services to satisfy production and living needs?

Exchange activity

Consumption activity

Production activity

Distribution activity

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In our country's economy, which activity plays a decisive role in determining other activities?

Distribution activity

Exchange activity

Production activity

Consumption activity

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic activity did the manufacturer perform by dividing factors such as dough, crust, and box for different production units while making buns?

Distribution activity

Exchange activity

Production activity

Consumption activity

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Basic Economic Activities Quiz

What is the most basic economic activity?

What is the purpose of production activity?

What is the activity of dividing production factors among different production sectors and units to create products called?

What is the activity of delivering products to consumers called?

What economic activity involves using goods, services to satisfy production and living needs?

In our country's economy, which activity plays a decisive role in determining other activities?

What economic activity did the manufacturer perform by dividing factors such as dough, crust, and box for different production units while making buns?

What economic activity did Company X perform by narrowing down the production of men's and women's dress shirts to fulfill orders?

What economic activity did company X excel in to maintain production during the pandemic?

What are those who produce and supply goods and services to the market called?

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