wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

construction industry serves the economy 1

Total questions: 21

Worksheet time: 11mins

Name
Class
Date
1.

According to the slide, a healthy economy comes about when growth, unemployment and inflation are in balance.

a)

When growth, unemployment and inflation are in balance

b)

When growth is high regardless of inflation

c)

When unemployment is eliminated entirely

d)

When inflation is reduced to zero

2.

Official figures on the UK construction industry state it accounts for a specific share of economic output.

a)

4%

b)

6%

c)

10%

d)

2%

3.

Official figures on the UK construction industry state it employs a specific number of people.

a)

1.2 million

b)

2.3 million

c)

3.5 million

d)

0.8 million

4.

From the section on construction developments, select statements that explain how projects nationally generate tax revenues.

a)

Individuals working in the industry pay tax on their income

b)

Businesses and contractors pay taxes as sole traders or corporate bodies

c)

Employees in construction receive tax‑exempt wages

d)

Construction firms are exempt from corporate tax

5.

Spending power of those employed in the construction industry benefits the wider economy.

a)

It benefits retail and leisure businesses and increases business tax revenues

b)

It primarily reduces household living expenses

c)

It eliminates the need for local taxation

d)

It decreases disposable income in local areas

6.

Support of manufacturing supply lines is highlighted under construction developments.

a)

Suppliers and manufacturing businesses generate taxable profits and their employees pay tax on income and spending

b)

Manufacturers are shielded from all forms of taxation

c)

Construction reduces demand for manufactured goods

d)

Supply lines become less profitable and untaxed

7.

Investors in construction companies with public limited company status typically receive taxable returns on their investment.

a)

Taxable returns such as dividends

b)

Tax‑exempt grants from government

c)

Interest‑only returns guaranteed for life

d)

Non‑monetary vouchers with no tax implications

8.

Area regeneration projects offer outcomes for employment, taxation and property values. Select all outcomes stated.

a)

Increased employment opportunities

b)

Generation of tax revenues

c)

Reduced individual spending power

d)

Enhanced property values in the locality and beyond

9.

Improvements to health and wellbeing during area regeneration can affect productivity.

a)

They can increase worker productivity

b)

They have no measurable effect on productivity

c)

They permanently reduce productivity

d)

They only affect leisure businesses

10.

Local government finances during area regeneration are described in the slide.

a)

Local government tax revenues are enhanced, reducing central government subsidy and grant support

b)

Local tax revenues fall, increasing reliance on central subsidies

c)

Central government collects all taxes from regeneration areas

d)

Local governments lose authority to levy taxes

11.

Entrepreneurial opportunities in regenerated areas are highlighted.

a)

New business startup is encouraged, increasing employment and taxable profit

b)

Startups are discouraged to preserve existing businesses

c)

Only non‑profit ventures are permitted

d)

Entrepreneurship reduces taxable profits

12.

Enhanced commuter travel is listed under improvements in infrastructure.

a)

Efficient and economical movement of workforce from home to workplace

b)

Elimination of all commuting costs

c)

Mandatory relocation of workers near job sites

d)

Reduced access to public transport

13.

Improved human networking through infrastructure is explained. Select all benefits stated.

a)

Improved interpersonal interactions enhance business activity

b)

Digital infrastructure speeds business and social interaction with benefits to the economy

c)

Reduced networking to limit business competition

d)

Physical networking hinders business development

14.

Economical movement of goods is an infrastructure benefit.

a)

It enhances taxable profits and maintains efficient supply lines

b)

It primarily increases household leisure spending

c)

It reduces the need for manufacturing supply lines

d)

It eliminates business taxes entirely

15.

Telecommunications infrastructure improvements affect collaboration and business development.

a)

Improved efficiency allows greater collaboration and business development

b)

They restrict collaboration to reduce costs

c)

They have no impact on business development

d)

They primarily increase commute times

16.

Under community developments, housing projects create demand for certain items. Select all items listed.

a)

Domestic appliances

b)

Furnishings

c)

Decorating materials

d)

Garden and landscaping items

e)

Industrial robotics

17.

Local transport construction creates specialist demand for civil engineered structural features.

a)

Bridges

b)

Playgrounds

c)

Street art installations

d)

School cafeterias

18.

Leisure facilities in community developments have both economic and wellbeing impacts.

a)

They generate taxable revenues while supporting health and wellbeing, potentially reducing reliance on expensive healthcare provision

b)

They reduce taxable revenues and increase healthcare costs

c)

They have no effect on health or taxation

d)

They eliminate the need for local transport

19.

Educational establishments contribute to the economy through construction and maintenance contracts.

a)

They provide taxable profits and employment

b)

They are exempt from all taxes

c)

They reduce local employment

d)

They only generate volunteer opportunities

20.

According to the worksheet, how do non-construction businesses and contributors relate to the built environment in supporting the national economy?

a)

They do not rely on the built environment at all.

b)

They rely on the built environment in some way to enable them to support the national economy.

c)

Only construction businesses rely on the built environment; others do not.

d)

They hinder the national economy by relying on the built environment.

21.

Which group of local entities are you asked to list in the area where you live?

a)

Businesses, shops, leisure facilities and healthcare facilities

b)

Schools, museums, farms and libraries

c)

Government offices, factories, ports and airports

d)

Sports teams, charities, parks and community centers