2024-2025 Bundle 2 Exam Review

Front

Who controls and owns everything in a communist system?

Back

The government

Front

What economic sector generates research and new knowledge? Options: Primary, Quaternary, Secondary, Tertiary

Back

Quaternary

Front

Which economic sector collects natural resources from the environment?

Back

Primary

Front

A developing country will have a...

Back

lower GDP per capita

Front

A developed country will have a...

Back

High Life Expectancy

Front

Where would people likely take place in subsistence agriculture and cottage industries?

Back

Rural settings

Front

What is subsistence agriculture?

Back

When people farm to feed themselves.

Front

What is a cottage industry?

Back

When people make goods in a home.

Front

The part of the economy that transforms the raw materials into goods for sale: factory workers or people who make things out of raw materials (a weaver would make clothing out of cotton)

Back

Secondary economic activity

Front

Urban means...

Back

In the city