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WorksheetsPublic sector, Private sector and mixed economy
Total questions: 11
Worksheet time: 6mins
----------- is an example of private sector
Railways
Grocery shops
Sewage system
Infra structure
A percentage of money taken from individuals or businesses is referred to as
property tax
income tax
Which of the following is not a type of business in the Private sector?
Limited Company (LLCs)
Local Government
Government organizations are a part of the ______________ sector.
public
private
What is the main aim of the Private sector?
To provide essential services such as hospital care
To maximise profits
Jim maintains his family by using his private vehicle for hire.
private
public
Agri. co., an agricultural company that grants loans to farmers, is controlled by the state.
private
public
A public transport company that is funded by taxpayers.
private
public
Airlines, tour operators, hotels, theme parks, car hire companies, theatres, shops, restaurants and any organisation that is aiming to make a profit belongs to which type of travel and tourism organisation?
Private
Public
Voluntary
Which of these is NOT an objective of the private sector?
Making a profit
Delivering excellent customer service
Having a good sustainability record
informing and training public about events and activities
This characteristic of a mixed economy states that business owners, consumers and workers are free to make choices that best fit their needs and interests.
True
False
