Economic Activity Quiz

What is the primary stage of production involved in?

• Transport and banking

• Building and construction

• Computer assembly and bread baking

• Farming and fishing

a business sector involves converting materials from the primary sector into manufactured goods

What is the tertiary stage of production involved in?

• Building and construction

• Computer assembly and bread baking

• Transport and banking

• Farming and fishing

Which sector is likely to employ many more workers in economically developed countries?

• Primary sector

• Secondary sector

• Tertiary sector

What is the term used for the decline in the importance of the manufacturing industry?

• Industrialization

• Globalization

• Privatization

• De-industrialization

Which country has experienced an increase in the importance of the secondary sector since the 1980s?

• Brazil

• India

• China

• Mexico

the term used for selling public sector businesses to private sector businesses?

What is the main objective of most businesses in the private sector?

• Social welfare

• Profit

• Employee satisfaction

• Environmental sustainability

What is the main reason for governments to privatize public sector businesses?

• To make businesses less efficient

• To improve social objectives

• To increase government control

• To increase efficiency

Which industry is usually controlled by the government in many countries?

• Healthcare

• Automobile manufacturing

• Food processing