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Show me the money - Revison

Total questions: 13

Worksheet time: 22mins

Name
Class
Date
1.

Finish the following sentence. WANTS can be described as ...

4 lines
2.

Finish this sentence. NEEDS are ...

4 lines
3.

If you were travelling in the outback and your car breaks down. List two things you would NEED to survive?

4 lines
4.

Imagine you have just arrived in Australia and do not speak English. List two things you may WANT?

4 lines
5.

List two things this person NEEDs to survive?

4 lines
6.

Which Industry "makes or converts" raw materials into semi-finished or new products?

a)

Primary Industry

b)

Secondary Industry

c)

Tertiary Industry

d)

Quaternary Industry

7.

Which INDUSTRY provides a service to their customers

a)

Primary Industry

b)

Secondary Industry

c)

Tertiary Industry

d)

Quaternary Industry

8.

This industry takes raw materials from the earth, or grows food items.

a)

Primary Industry

b)

Secondary Industry

c)

Tertiary Industry

d)

Quaternary Industry

9.

Which Industry shares or provides INFORMATION to those who need it.

a)

Primary Industry

b)

Secondary Industry

c)

Tertiary Industry

d)

Quaternary Industry

10.

Finish this sentence. The Circular Flow of Income Model can be described as

4 lines
11.

How do consumers earn INCOME?

a)

Wages

b)

Interest earned

c)

Profits

d)

ALL of above

e)

None of these

12.

In the two-sector economy, the two stakeholders or 'groups of people are called?

a)

Households and Producers

b)

Consumers, Businesses

c)

Household Sector, Business Sector

d)

Businesses and Customers

13.

Which Industry employs the MOST Australians?

a)

Primary Industry

b)

Secondary Industry

c)

Tertiary Industry

d)

Quaternary Industry

e)

Quinary Industry