WorksheetsYear 8 Introduction to Economics
Total questions: 20
Worksheet time: 12mins
Another name for the tertiary industry is the _____________ industry.
Processing
Livestock
Service
All of the above.
Your school's bus driver is an example of a job that falls under the __________ industries.
Primary
Secondary
Service
Mixed
The primary industry is concerned with the ____________ of raw materials.
Processing
Extraction
Covering
Transporting
Mr. Brown has been a sugarcane farmer for many years. Mr. Brown's job an be categorised under the ___________ industry.
Financial
Processing
Service
Primary
This industry takes material from the primary industry and turn it into a finish product.
Extractive industry
Secondary industry
Service industry
None of the above.
The willingness and ability of a producer to make a product is referred to as
quantity supplied
quantity demanded
supply
demand
The law of demand argues that as prices rise
the quantity demanded will fall
the quantity demanded will rise
the demand curve will shift to the right
no change will occur
Globalisation means...
the process by which businesses grow
the process by which businesses start operating on an international scale
the process by which businesses shut down
the process by which businesses launch a new product
One advantage of globalisation is...
It helps people to learn new languages
It is a way of sharing ideas and experiencing new cultures
It means you will definitely get more money
One disadvantage of globalisation is...
There is no way of guaranteeing that the wealth will help the developing country
You won't be able to communicate with the workers in a different country
Your brand will always get tarnished
What is a recession?
When the economy grows
When the ecnomy shrinks
Which of the following typically rises during a recession?
Unemployment
Average income
Production
Stock prices
The way we measure unemployment in the UK is based on the
number of people who have jobs.
number of people not working who don't like their jobs
the number of people actively seeking work and available to start work.
proportion of the population of working age.
Which of the following is an example of a job in the primary sector, which produces raw materials and basic goods?
auto mechanic
physician
farmer
banker
3 types of tertiary jobs
banker,teachers,doctor
doctor,teacher,steel making
fishing,hunting,astronaut
agriculture would be an example of
secondary sector
tertiary sector
primary sector
Which has the highest employment %
secondary sector
primary sector
tertiary sector
This image represents which economic sector?
Tertiary Sector
Secondary Sector
Primary Sector
Quaternary Sector
