Economic Systems the Labor Market Crash Course Sociology
Interactive Video
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Social Studies, Business
•
11th Grade - University
•
Hard
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7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of the tertiary sector in an economy?
Manufacturing goods
Providing services
Extracting raw materials
Transforming raw materials into goods
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which revolution marked the transition from hunter-gatherer societies to agricultural economies?
Industrial Revolution
Information Revolution
Agrarian Revolution
Technological Revolution
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant consequence of the Industrial Revolution?
Decrease in population
Rise of labor unions
Reduction in economic inequality
Decline in trade networks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic system emphasizes private ownership and competition?
Capitalism
Socialism
Communism
Feudalism
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common feature of socialist economies?
Minimal government intervention
Emphasis on individual profits
Government ownership of production
Private property ownership
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key characteristic of the Information Revolution?
Rise of labor unions
Focus on service work and ideas
Shift to manufacturing-based economy
Increased agricultural jobs
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role do corporations play in the modern global economy?
They operate only within national boundaries
They are primarily government-owned
They are separate legal entities with global operations
They focus solely on manufacturing
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