wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Y9 - Classification of Business

Total questions: 50

Worksheet time: 25mins

Name
Class
Date
1.
The primary stage of production is concerned with
a)
growing crops and extracting the earth's natural resources
b)
providing services to consumers and industry
c)
converting raw materials into finished goods
d)
transporting goods to the final consumer
2.
The tertiary sector of industry is the most important sector in high income countries because
a)
agricultural output is more important than services
b)
they use most of their income to buy manufactured goods
c)
workers are employed in manufacturing in these countries
d)
consumers' incomes are high so they spend more on services
3.
Which following businesses would you classify as being in the secondary sector of industry?
a)
An oil exploration company
b)
A family run farm business
c)
A taxi operating business
d)
A shoe manufacturer
4.
Which of the following is the best definition of privatisation?
a)
When private limited companies convert into public companies
b)
When a partnership converts into a private limited company
c)
When a state owned industry is sold to the private sector
d)
When a private sector firm is purchased by the government
5.
In a mixed economy which of these industries is most likely to be controlled by the government?
a)
Hotels and restaurants
b)
Health and public transport
c)
Building and taxi services
d)
Food shops and farming
6.
Which one of the following is a disadvantage of privatisation?
a)
Jobs might be lost as private owners try to cut costs
b)
The government raises money which could help to reduce taxes
c)
Less competition than when the industry was a monopoly
d)
Politicians will now influence business decisions
7.
Changes in importance of different sectors of industry in a country is likely to be caused by
a)
the exhaustion of the country's copper mines
b)
an increase in the country's population
c)
a long period of no increases in family incomes
d)
government grants available to businesses in all sectors
8.

Firms whose business activity involves the extraction of natural resources.

a)

Primary

b)

Secondary

c)

Tertiary

9.

What is tertiary sector?

a)

Industry manufacturer to produce goods

b)

Industry provide service to consumer

c)

Industry extract the natural resources

10.

What is mixed-economy?

a)

Country only has public sector

b)

A Country only has private sector

c)

A Country has public and private sector

11.

  1. What is a type of economy that has both private sector and public sector?


(a)  

12.

What is the part of the economy that is controlled by the state or government?

(a)  

13.

(a)   is the production and supply of goods to the final consumer involving activities from primary, secondary and tertiary sector businesses.

14.

(a)   is a sector that involves firms that supply a service to consumers and other businesses.

15.

Give an example of businesses within the primary sector.

(a)  

16.

(a)   is defined by the resources, riches and wealth of a country.

17.

(a)   involves business activities that take the natural resources produced by primary sector activity and turns these raw materials into finished goods.

18.

Sole traders, partnerships, limited companies, franchises, joint ventures and social enterprises are types of businesses in the (a)   sector.

19.

Give an example of a public sector business in Thailand.

(a)  

20.

A (a)   country has high standards of healthcare.

21.

What is true about businesses in the public sector?

a)

They are owned and controlled by a private individual

b)

They are owned by the government but run by private individuals

c)

They are owned and controlled by the government only

d)

They have mixed ownership and control between the government and private individuals

22.

What is the main focus of businesses in the primary sector?

a)

Manufacturing products

b)

Extracting natural resources from the Earth

c)

Providing services

d)

Technology and research

23.

Which sector of the economy is known as the service sector?

a)

Tertiary sector

b)

Secondary sector

c)

Primary sector

d)

None of the above

24.

Which of the below are examples of a secondary sector business?

a)

Logging

b)

Insurance company

c)

Extraction on oil

d)

The building of a hospital

25.

A hotel is an example of a business in which sector?

a)

Primary sector

b)

Secondary sector

c)

Tertiary sector

d)

Don't know

26.

Businesses in the private sector are owned and controlled by private individuals.

a)

True

b)

False

27.

The more developed a country is, the more focused it is on which sector?

a)

Primary sector

b)

Secondary Sector

c)

Tertiary sector

d)

Don't know

28.

The poorer a country, the more focused it is on which sector?

a)

Primary sector

b)

Secondary sector

c)

Tertiary sector

d)

Don't know

29.

What is (are) the reason(s) why the business sectors importance would change?

a)

Sources of primary products like oil

and gas become depleted

b)

As wealth and standards of living

increase, people spend so much

more on services like travel and

restaurants etc

c)

Developed countries are losing

competitiveness in manufacturing to

newly industrialized countries like Brazil & China

d)

All of the above

30.

A country having both a private and a public sector is said to a ________ economy.

a)

Command economy

b)

Mixed economy

c)

Free economy

d)

Private and public sector economy

31.

The transfer of a business or industry from public to private ownership and control is called 'privatization'.

a)

True

b)

False

32.

Which economic sector is providing more efficient products and services (better quality)?

a)

Private sector

b)

Public sector

c)

Mixed sector

d)

None of the above

33.

Which of the below are generally provided by the public sector of a country?

a)

Public transportation

b)

Electricity

c)

Government schools

d)

All of the above

34.

Elijah, Aria and Evelyn are all partners of a Chinese restaurant that they are running.

Which sector do businesses like Elijah, Aria, and Evelyn work in?

a)

Private sector

b)

Public sector

c)

None of the above

d)

Don't know

35.

Which sector mainly focuses on serving their community and society?

a)

Private sector

b)

Public sector

c)

Private public sector

d)

None of the above

36.

Which one of the below business activities is not part of the 'tertiary' sector?

a)

Hospital

b)

Mining

c)

Hotel

d)

School

37.

Grace, Abigail, and Hannah are working on a project to identify the business sector of a company that manufactures paper clips and other office supplies. Which business sector does the company belong to?

a)

Primary sector

b)

Secondary sector

c)

Tertiary sector

d)

Private sector

38.

Why do you think the government should be in control of electricity supply in a country?

a)

To ensure it is provided to all citizens and residents of that country free of charge or affordable to all

b)

Because the government is better in running businesses

c)

All of the above

39.

What is the process of taking raw materials and natural resources and turning them into manufactured/processed goods called?

a)

Primary sector

b)

Secondary sector

c)

Tertiary sector

d)

Don't know

40.

The relative importance of economic sectors in a country can be measured according to the number of people employed in that sector

a)

True

b)

False

41.

Gold mining in South Africa is an example of business activity in which sector?

a)

Primary sector

b)

Secondary sector

c)

Tertiary sector

d)

Non of the above

42.

Which of the following businesses operate in the secondary sector?

a)

Santander Bank

b)

Qatar Airways

c)

Ford Motor Company

d)

McDonald's

43.

The table below shows the value of exports in different industry sectors for a country. What is the total value of exports from the primary sector?

a)

US$900 Million

b)

US$1300 Million

c)

US$1800 Million

d)

US$2200 Million

44.

Which of the following countries has most likely seen the sharpest decline in employment in the primary sector in the last 50 years?

a)

USA

b)

Uganda

c)

Bangladesh

d)

Chad

45.

(a)   is a sector that involves firms that supply a service to consumers and other businesses.

46.

This happens due to the growing importance of the tertiary sector & the reduced importance of the secondary sector.

a)

de-industrialisation

b)

industrialisation

c)

primary

d)

secondary

47.
The primary stage of production is concerned with
a)
growing crops and extracting the earth's natural resources
b)
providing services to consumers and industry
c)
converting raw materials into finished goods
d)
transporting goods to the final consumer
48.
The tertiary sector of industry is the most important sector in high income countries because
a)
agricultural output is more important than services
b)
they use most of their income to buy manufactured goods
c)
workers are employed in manufacturing in these countries
d)
consumers' incomes are high so they spend more on services
49.
Which following businesses would you classify as being in the secondary sector of industry?
a)
An oil exploration company
b)
A family run farm business
c)
A taxi operating business
d)
A shoe manufacturer
50.
Which one of the following is a disadvantage of privatisation?
a)
Jobs might be lost as private owners try to cut costs
b)
The government raises money which could help to reduce taxes
c)
Less competition than when the industry was a monopoly
d)
Politicians will now influence business decisions