Multiple Choice Questions on Economic Activities

Multiple Choice Questions on Economic Activities

10th Grade

20 Qs

quiz-placeholder

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Multiple Choice Questions on Economic Activities

Multiple Choice Questions on Economic Activities

Assessment

Quiz

Other

10th Grade

Practice Problem

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Aghnia Rachmawati_4012 undefined

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The activity of creating or adding value to a good or service is called...

Consumption

Distribution

Production

Exchange

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Natural resources used in the production process are called production factors...

Capital

Labor

Nature

Entrepreneurship

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The party that regulates and manages production factors to produce goods or services is called...

Consumer

Distributor

Producer

Agent

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The activity of channeling goods or services from producers to consumers is called...

Production

Consumption

Distribution

Investment

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

One of the main objectives of distribution is...

To increase the price of goods

To limit the number of consumers

To ensure goods are available in the right place

To quickly deplete stock of goods

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The following is an example of an indirect distribution channel...

Farmers selling vegetables directly to buyers

Factories selling their products through their own stores

Producers selling goods through wholesalers and retailers

Artisans selling their works at exhibitions

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The activity of using goods or services to meet life needs is called...

Production

Distribution

Consumption

Savings

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