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WorksheetsHIST 151 - Wk 4 Quizizz
Total questions: 12
Worksheet time: 9mins
The acronym GDP stands for Gross ________ ________.
(a)
The 3 categories of indicators are
Coincidental
Leaping
Leading
Lagging
In a traditional/agrarian economy, which sector usually employs the most people?
Primary
Secondary
Tertiary
Quaternary
In a highly developed economy, which economic sector usually provides the most value add to GDP?
Primary
Secondary
Teritiary
Quaternary
In the Rostow development model, how many stages of growth are there? (use a # to answer)
(a)
A doctor works in which sector of the economy?
Primary
Secondary
Tertiary
Quaternary
Traditional handicrafts (like producing knitting a krama or making jewelry) are part of what sector of the economy?
Primary
Secondary
Tertiary
Quaternary
The (a) of production include land, labor, capital, and entrepreneurialism (human capital).
Property rights only apply to physical or tangible goods.
True
False
Karl ____ wrote the Communist Manifesto.
Marks
Marx
Darks
Darx
Markets fail when they do not produce (a) results.
A Cambodian coffee shop owner goes to Aeon mall to buy a brand new Italian espresso machine for her coffee shop for $500. What happens to Cambodian GDP?
KH GDP increases by $500
KH GDP decreases by $500
KH GDP does not change
KH GDP goes up by $1000
