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WorksheetsSocial Studies review 2
Total questions: 10
Worksheet time: 5mins
How many basic types of environments do we have
2
3
4
5
______is the act of buying and selling goods and services between people or states within a country or local markets.
Domestic trade
Foreign Trade
International trade
People trade
One of these is the importance of trade in Nigeria
It makes us value foreign currency more than our own
It helps the final Consumer get goods
It makes greedy people rich
It is a means of selling bad and rotten products
Foreign trade can be classified into
import, export, and entry port trade
Local, atlantic, and Trans atlantictrade
Air, Water and Land
physical, social and environmental
One of these is not an aid to trade
High Cost of living
Banking
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Communication
The role of Custom and Excise in foreign trade includes the following, except______.
Preventing illegal or smuggling goods.
Generating income for the government.
Preventing importation of banned goods.
Collecting bribe from importers
One of these is not a type of method for savings or resource preservation.
cooperatives
Thrift and credit
Sugar Daddy
insurance companies
One of these is not a type of Bank we have in Nigeria
Commercial bank
Mortgage bank
Piggy Bank
Merchant bank
One of these can be saved in the bank
Vegetable
Yam
Certificate
Clothes
When we keep things for the future, we are _____ it.
Protecting
Keeping
Preserving
NOTA
