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Worksheets

Goods and Services

Total questions: 11

Worksheet time: 8mins

Name
Class
Date
1.

A (a)   is a tangible item we pay for to satisfy our needs and wants.

2.

A T.V and cellphone is an example of what type of good?

a)

Capital goods

b)

Consumer goods

c)

Semi-finished goods

3.

Which goods are NOT used for personal needs and wants?

a)

Semi-finished Goods

b)

Consumer Goods

c)

Capital Goods

4.

What goods are sold DIRECTLY to the final consumer?

a)

Capital Goods

b)

Semi-finished goods

c)

Consumer Goods

5.

(a)   goods are goods that on their own have little use

6.

Machinery is an example of which type of good?

a)

Capital goods

b)

Semi-finished goods

c)

Consumer goods

7.

A motorcycle company outsourcing a chain manufacturer for their bikes is an example of what type of good?

a)

Semi-finished good

b)

Capital goods

c)

Consumer Goods

8.

(a)   are usually intangible (cannot see, touch or feel)

9.

NETFLIX is an example of what type of service?

a)

Community

b)

Personal

c)

Commercial

10.

(a)   services are used in producing and delivering final goods

11.

Home affairs and the police are an example of what type of service?

a)

Community

b)

Commercial

c)

Personal