
Applied Economics
Quiz by Josie Lou Juarez
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9 questions
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- Q1It is a pillar of the sustainable development that refers to the community and everyone in it.private pillarsocial pillareconomic pillarenvironmental pillae30s
- Q2A characteristics of a private good which mean that paying for a good or service prevents access by others who have not paid for the goodnonrivalryexcludabilitynonexcludabilityrivalry30s
- Q3It a classification of industry that is composed of institution that are privately owned.public sectorpublic goodsprivate goodsprivate sector30s
- Q4It is a development tht meets the needs of the present without compromising the ability of future generations to meet their own needs.welfare economicscommon goodsequitysustainable development30s
- Q5It is defined in economics as on the idea of fairnessor just treatment of all individuals and groups of society.equityrivalryexcludabilitynonrivalry30s
- Q6It is a pillar of sustainable development that refers to the effective management of organizations in order to continue operation.private piilarenvironmental pillarsocial pillareconomic pillar30s
- Q7It is a branch of economics that deals with policies centeref on improving individual welfare and social well-being through judgements and idealssocial economiceconomicswelfare economicssustainable development30s
- Q8It is one of the economic sector that covers the marketing and selling of raw materials and manufactured products like market and storeprimary sectorpublic sectorsecondary sectortertiary sector30s
- Q9A type of goods that are public goods with restrictions on the use or accessprivate goodspublic goodsclub goodscommin goods30s