What is the primary focus of economics?

Understanding Economics and Its Sectors

Quiz
•
Social Studies
•
9th Grade
•
Easy
Kaye Relon
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
The study of historical events and their impact on society.
The analysis of physical laws and their applications.
The examination of artistic expressions and cultural trends.
The study of resource allocation and decision-making.
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Name the five sectors of the economy.
Primary, Secondary, Tertiary, Quaternary, Quinary
Manufacturing, Retail, Finance, Technology, Agriculture
Agricultural, Industrial, Service, Digital, Informal
Construction, Transportation, Education, Health, Tourism
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Which sector involves the extraction of natural resources?
Quaternary sector
Primary sector
Manufacturing sector
Tertiary sector
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What is the role of the secondary sector in the economy?
The secondary sector only deals with the extraction of natural resources.
The secondary sector focuses on providing services rather than goods.
The secondary sector is primarily involved in agriculture and farming.
The secondary sector transforms raw materials into finished goods, contributing to economic growth and job creation.
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
How does the tertiary sector contribute to economic growth?
The tertiary sector focuses solely on manufacturing goods.
The tertiary sector reduces job opportunities in the economy.
The tertiary sector has no impact on productivity or services.
The tertiary sector drives economic growth by providing essential services, creating jobs, and enhancing productivity.
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Give an example of a service provided in the tertiary sector.
Agricultural services
Banking services
Healthcare services
Manufacturing services
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What is the difference between the primary and secondary sectors?
The primary sector is concerned with technology, whereas the secondary sector is about finance.
The primary sector includes retail, while the secondary sector covers education.
The primary sector focuses on services, while the secondary sector is about agriculture.
The primary sector deals with raw materials, while the secondary sector involves manufacturing and processing those materials into products.
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