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- Multiple ChoicePlease save your changes before editing any questions.
which sector of the economy removes or harvest products directly from the earth in order to extract raw materials or food?
secondary
primary
tertiary
linear
- Multiple ChoicePlease save your changes before editing any questions.
3 types of tertiary jobs
banker,teachers,doctor
doctor,teacher,steel making
fishing,hunting,astronaut
- Multiple ChoicePlease save your changes before editing any questions.
agriculture would be an example of
secondary sector
tertiary sector
primary sector
- Multiple ChoicePlease save your changes before editing any questions.
agriculture would be an example of
secondary sector
tertiary sector
primary sector
- Multiple ChoicePlease save your changes before editing any questions.
Which has the highest employment %
secondary sector
primary sector
tertiary sector
- Multiple ChoicePlease save your changes before editing any questions.
What are the 4 factors of production?
land,milk,ocean,forest
Forest,Ocean,Land,Capital
Capital,Enterprise,Land,Labor
- Multiple ChoicePlease save your changes before editing any questions.
Insurance is an example of
primary sector
agriculture
tertiary sector
quaternary sector
- Multiple ChoicePlease save your changes before editing any questions.
What is a capital?
the city
All man made things that help produce goods
The human element in the production process.
- Multiple ChoicePlease save your changes before editing any questions.
How many economic sectors are there?
1
2
3
4
- Multiple ChoicePlease save your changes before editing any questions.
This image represents which economic sector?
Tertiary Sector
Secondary Sector
Primary Sector
Quaternary Sector
- Multiple ChoicePlease save your changes before editing any questions.Primary SectorTertiary SectorSecondary SectorQuaternary Sector
- Multiple ChoicePlease save your changes before editing any questions.
This image represents which economic sector?
Primary Sector
Quinary Sector
Secondary Sector
Tertiary Sector
- Multiple ChoicePlease save your changes before editing any questions.This is NOT part of the primary sector of the economyMiningForestryRetailFishing
- Multiple ChoicePlease save your changes before editing any questions.This is NOT part of the tertiary sectorTransportConstructionTradeEducation
- Multiple ChoicePlease save your changes before editing any questions.Milling lumber into plywood is an example of what economic activity?PrimarySecondaryTertiaryQuaternary
- Multiple ChoicePlease save your changes before editing any questions.
Having a limited amount of something is
demand
scarcity
supply
- Multiple ChoicePlease save your changes before editing any questions.
Economics focuses on ___.
The goods and services we buy and sell
The goods and services we supply and command
The products and places we want and buy
- Multiple ChoicePlease save your changes before editing any questions.
The BIGGEST problem nowadays for some countries is _______
Overpopulation
Economic Freedom
Political Corruption
The Judiciary System
- Multiple ChoicePlease save your changes before editing any questions.
SOMEONE that buys or uses goods & services is called a____.
consumer
producer
want
need
- Multiple ChoicePlease save your changes before editing any questions.
Inflation is best defined as?
A model of an economy that shows the movement of resources and money between groups and sectors in the economy
A consistent increase in prices of goods and services in the economy
The hidden cost of making a decision
Goods and services produced within our economy for sale in other countries