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10 questions
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- Q1Which of the following best describes a primary economic activity?Farming and fishingProviding healthcare servicesTeaching in schoolsManufacturing cars30s113.18.b.10
- Q2What is Gross Domestic Product (GDP) most commonly used to measure?The growth rate of a country's populationThe unemployment rate in a countryThe volume of exports in a countryThe total value of goods and services produced in a country30s113.18.b.10
- Q3Which of the following would be considered a tertiary economic activity?Growing wheatCoal miningRetail salesAluminum smelting30s113.18.b.10
- Q4Which economic indicator is primarily used to assess inflation in a society?Unemployment rateConsumer Price Index (CPI)Trade balanceGross Domestic Product (GDP)30s113.18.b.10
- Q5What does the unemployment rate measure in an economy?The percentage of the labor force that is jobless and actively seeking employmentThe average income of workers in an economyThe total number of jobs available in an economyThe balance of imports and exports in an economy30s113.18.b.10
- Q6Which of the following is used to measure the economic development of a country in terms of human well-being?Human Development Index (HDI)Gross National Product (GNP)Consumer Price Index (CPI)Foreign Direct Investment (FDI)30s113.18.b.10
- Q7Which term describes an economy that relies heavily on agriculture and natural resources?Quaternary sector economySecondary sector economyTertiary sector economyPrimary sector economy30s113.18.b.10
- Q8What type of economic activity involves the transformation of raw materials into finished products?Tertiary economic activityPrimary economic activitySecondary economic activityQuaternary economic activity30s113.18.b.10
- Q9Which indicator would you use to assess the average living standard in a country?Exchange ratePer capita incomeTrade balanceConsumer Price Index (CPI)30s113.18.b.10
- Q10Which of the following is a secondary economic activity?Harvesting wheatTeaching at a universityCar manufacturingHospital administration30s113.18.b.10