N5 UB 1

Which of the following best describes "goods" as mentioned in the material?

• Products we can see and touch when we purchase them

• Services provided by professionals

• Experiences we cannot see or touch

• Activities we do for fun

Which of the following is an example of a service?

• Buying a car

• Drinking a can of juice

• Getting a haircut

• Purchasing a mobile phone

If you go to the cinema, what are you purchasing according to the definitions in the material?

• A good

• A product

• A service

• A device

A business provides both goods and services. Which of the following scenarios best illustrates this concept?

• A store sells only mobile phones

• A salon offers only haircuts

• A supermarket sells groceries and offers home delivery

• A cinema only shows movies

Which of the following is an example of a non-durable good?

• Refrigerator

• Car

• Sweets

• Mobile phone

What is the main difference between durable and non-durable goods?

• Durable goods are always more expensive

• Non-durable goods are used only once and consumed quickly, while durable goods are used many times and last longer

• Durable goods are always edible

• Non-durable goods are never used in households

Which of the following is NOT an example of a business in the primary sector?

• Fishing

• Farming

• Oil drilling

• Retail store

Factories that produce clothes and food belong to which sector of industry?

• Primary

• Secondary

• Tertiary

• Quaternary

Which sector of industry is characterized by businesses that provide a service, such as shops, hotels, and banks?

• Primary

• Secondary

• Tertiary

• Quaternary

Which of the following is NOT typically considered part of the tertiary sector?

• Hairdressers

• Supermarkets

• Window Cleaners

• Car Manufacturers