What is the primary sector of business activity?

Y8 Business Studies - C2 Types of Business Activity

Quiz
•
Business
•
9th - 12th Grade
•
Hard
Leong Chee Onn
Used 1+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Service sector
Natural resources extraction sector
Manufacturing sector
Retail sector
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector earns the most money?
Primary sector
Quaternary sector
Secondary sector
Tertiary sector
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a characteristic of a free market economy?
No government intervention
All businesses owned by the public sector
Fixed wages for everyone
Total government control
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one disadvantage of a command economy?
Eliminates waste from competition
High motivation for workers
High consumer choice
Little motivation for workers
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does privatization involve?
Government buying businesses
Government selling national businesses
Government controlling all businesses
Government providing subsidies
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a way to measure the size of a business?
Market share
Value of sales
Value of output
Number of employees
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is internal growth in a business?
Growth through government investment
Organic growth funded by owners' capital
Growth through taking over another business
Growth through mergers
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