Economic Actors Quiz

What are the three main groups of economic actors?

• Households, Companies, and Government

• Consumers, Producers, and Investors

• Banks, Corporations, and Households

• Investors, Government, and Nonprofits

What role do households primarily play in the economy?

• Consumers of goods and services

• Investors in companies

• Producers of goods

• Regulators of the market

Which economic actor is responsible for creating jobs?

• Households

• Government

• Companies

• Nonprofit organizations

What is one of the main functions of the government in the economy?

• To invest in private companies

• To regulate and provide public services

• To consume products

• To produce goods

How do companies contribute to economic growth?

• By providing public services

• By regulating the market

• By creating products and services

• By consuming resources

What is a key responsibility of the government as an economic actor?

• To produce goods and services

• To oversee economic policies

• To invest in private sectors

• To create consumer demand

What do households do with their income?

• Regulate the economy

• Spend on goods and services

• Invest in government bonds

• Produce goods

What is one way companies drive innovation?

• By regulating the market

• By investing in new technologies

• By providing public services

• By consuming resources

What role does the government play in wealth distribution?

• It creates products

• It consumes goods

• It invests in private companies

• It regulates and implements tax policies

What is a significant impact of household consumption?

• It creates demand in the market

• It regulates company production

• It increases government spending

• It decreases market demand