Economic Systems and Sectors Quiz

In which type of economic system are decisions based on customs and traditions?

• Free Market

• Mixed

• Traditional

• Command

Which economic system gives the government full control over resources and production?

• Traditional

• Command

• Free Market

• Mixed

A free market economy is mostly controlled by:

• Government

• Consumers and businesses

• Religious leaders

• Tradition

A mixed economy includes elements of:

• Only free market systems

• Only command systems

• Both free market and command systems

• None of the above

In a command economy, prices are decided by:

• Supply and demand

• Consumers

• Government planners

• Private businesses

The primary sector focuses mainly on:

• Services

• Information and technology

• Extracting natural resources

• Manufacturing goods

A factory worker turning cotton into clothing belongs to the:

• Primary sector

• Secondary sector

• Tertiary sector

• Quaternary sector

A teacher or nurse works in which sector?

• Primary

• Secondary

• Tertiary

• Quaternary

A computer programmer or scientist belongs to the:

• Primary sector

• Secondary sector

• Tertiary sector

• Quaternary sector

Which of the following is an example of a primary industry?

• Fishing

• Banking

• Teaching

• Automobile sales