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WorksheetsSectors of Economy
Total questions: 13
Worksheet time: 8mins
The 3 Sectors of Economy are?
Public Sector
Private Sector
Third Sector
Economic Sector
True or False. A partnership is a type of business in the private sector.
True
False
A Sole Trader is owned by
Shareholders
2 to 20 partners
One person
Charities are organizations working in the...
Third Sector
Private Sector
Public Sector
Apple is a Public Limited Company (PLC) controlled by a
(a)
What am I? I am a Private Sector organisation, owned by shareholders, I sell shares on the Stock Market to the public and I am managed by a Board of Directors.
Private Limited Company
Public Limited Company
Partnership
Franchise
A lawyer's firm is an example of what type of organization?
Public Sector
Partnership
Third Sector
Private Limited Company
The NHS is an example of what type of organization?
Third Sector
Public Sector
Public Limited Company
Private Sector
What are the features of a Private Limited Company?
Owned by Shareholders
Financed by selling shares in the company
Financed by selling shares to the public on the Stock Market
Controlled by a Director or Board of Directors
A sole trader gets to keep any profits made for themselves
True
False
How many People can be in a Partnership?
Unlimited
2 only
Between 2 & 20
Between 2 & 10
The shareholders elect a Board of Directors to run a Private Limited Company
True
False
The public sector is owned and controlled by the Government?
True
False
