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Types and Sectors of the Economy Quiz

Total questions: 25

Worksheet time: 38mins

Name
Class
Date
1.

which sector of the economy removes or harvest products directly from the earth in order to extract raw materials or food?

a)

primary

b)

secondary

c)

tertiary

d)

quaternary

2.

agriculture would be an example of

a)

primary

b)

secondary

c)

tertiary

d)

Quaternary

3.
A mining company operates in which industry sector?
a)
Primary
b)
Secondary
c)

Tertiary

d)

Quaternary

4.

Workers in this sector of the economy EXTRACT natural resource from the earth

a)

Primary

b)

Secondary

c)

Tertiary

d)

Quaternary

5.

Workers in this sector of the economy PROVIDE SERVICES rather than working with natural resources

a)

Primary

b)

Secondary

c)

Tertiary

d)

Quaternary

6.

Workers in this sector of the economy PROCESS natural resources into finished goods

a)

Primary

b)

Secondary

c)

Tertiary

d)

Quaternary

7.

This subset of the service sector includes knowledge-based economic services such as research & development, education, etc.

a)

Primary

b)

Secondary

c)

Quaternary

d)

Tertiary

8.

This image represents which economic sector?

a)

Tertiary

b)

Secondary

c)

Primary

d)

Quaternary

9.
a)

Primary

b)

Tertiary

c)

Secondary

d)

Quaternary

10.
Fishing, Mining, Farming, and Forestry are examples of what economic activity?
a)
Primary
b)
Secondary
c)
Teritiary
d)
Quaternary 
11.
Milling lumber into plywood is an example of what economic activity?
a)
Primary
b)
Secondary
c)
Tertiary
d)
Quaternary 
12.
Which economic activity would lawyers, doctors, salespeople, and customer service representatives fall under?
a)
Primary
b)
Secondary
c)
Tertiary
d)
Quaternary
13.
This image represents which sector? 
a)

Primary

b)

Secondary

c)

Tertiary

d)

Quaternary

14.

If Juan's father is a doctor, what sector does he belong to?

a)

Primary

b)

Secondary

c)

Tertiary

d)

None

15.

Which sector of the economy includes activities such as banking, retail, and hospitality?

a)

Primary

b)

Secondary

c)

Tertiary

d)

Quaternary

16.

Which system allows for the most individual freedom?

a)

Socialism

b)

Market

c)

Command

d)

Traditional

17.

Which system does the government have the most economic control?

a)

Monarchy

b)

Market

c)

Traditional

d)

Command

18.

Which system is based on customs and beliefs?

a)

Theocracy

b)

Market

c)

Traditional

d)

Command

19.

Which economic system do most communist countries have?

a)

Command

b)

Traditional

c)

Market

d)

Dictatorship

20.

What is the primary characteristic of a market economy?

a)

Government control of production

b)

Bartering for goods and services

c)

Supply and demand drive production

d)

Customs and beliefs dictate production

21.

Combines elements of pure market and command economies.

a)

Traditional

b)

Command

c)

Market

d)

Mixed

22.

 Economic decisions are based on custom and historical precedent

a)

Free Market

b)

Mixed

c)

Command

d)

Traditional

23.

Private ownership of property/resources

a)

Free Market

b)

Mixed

c)

Command

d)

Traditional

24.

Centrally-planned economy

a)

Free Market

b)

Mixed

c)

Command

d)

Traditional

25.

Individuals and businesses are owners and decision makers for the private sector.

a)

Free Market

b)

Mixed

c)

Command

d)

Traditional