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HK Economy

Total questions: 15

Worksheet time: 12mins

Name
Class
Date
1.

Hong Kong's economy is (a)   and ​highly (b)   .

Choose from the below words
open
externally-oriented
closed
free
internally-oriented
2.

Hong Kong's economy is not easily affected by events around the world.

a)

True

b)

False

3.

How many economic performance indicators did you learn about?

(a)  

4.

_ refers to the economic activities of a territory.

a)

Gross Domestic Product (GDP)

b)

Per capita GDP

c)

Average wage

d)

Unemployment rate

5.

_ refers to the percentage (%) of the unemployed population.

a)

Per capita GDP

b)

Average wage

c)

Unemployment rate

d)

Gross Domestic Product (GDP)

6.

_ refers to the amount of money obtained by diving the total wages by the total employed population.

a)

Per capita GDP

b)

Average wage

c)

Unemployment rate

d)

Gross Domestic Product (GDP)

7.

Unemployed population refers to people aged (a)   and over with ​ (b)   ability. They ​ (c)   working right now but ​ (d)   looking for jobs. ​ ​

Choose from the below words
15
working
are not
are
18
non-working
8.

Who is considered to be a part of the labour force?

a)

a 13 year old student

b)

a 47 year old housewife

c)

a 15 year old student who part times in 7-11

d)

a 68 year old man

9.

Who is a part of the unemployed population?

a)

a 15 year old full-time student

b)

a 18 year old full-time student

c)

a 38 year old retiree

d)

a 20 year old University student looking for a part-time

10.

When the unemployment rate decreases, the economy is doing _.

a)

bad

b)

good

11.

When the GDP ​ (a)   , the economy is doing ​ (b)   .

Choose from the below words
increases
good
decreases
bad
12.

Which year did the Asian Financial Turmoil happen?

(a)  

13.

What happened during the Asian Financial Turmoil?

a)

People earned more

b)

The stock market rose

c)

More people could work

d)

Lots of jobs were lost

14.

Which year did the dot-com bubble burst?

a)

1990

b)

2000

c)

2010

d)

2005

15.

The burst of the dot-com bubble brought _ impact to the HK economy.

a)

positive

b)

negative