Sectors of the Economy
Authored by Denushi Denushi
Business
9th Grade
Used 6+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Businesses can be classified into three sectors: Primary sector, Secondary sector, and Tertiary sector. What does the primary sector involve?
Use/extraction of natural resources
Manufacture of goods
Provision of services
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does the secondary sector involve?
Use/extraction of natural resources
Manufacture of goods
Provision of services
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does the tertiary sector consist of?
Use/extraction of natural resources
Manufacture of goods
All the services provided in an economy
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What was the largest sector in the world until the mid 18th century?
Primary sector
Secondary sector
Tertiary sector
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the aim of the private sector?
To provide essential public goods
To make a profit
To increase welfare of citizens
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the aim of the public sector?
To provide essential public goods
To make a profit
To run business ventures
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which sector is primarily responsible for the extraction of raw materials?
Tertiary sector
Primary sector
Secondary sector
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