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Year 10 Economics Flashcards | StudBud
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Year 10 Economics
Year 10 Economics
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An economics revision quiz on the basics of Economics #Economics
Flashcards
20 cards
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Practice quiz
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Host live
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Questions
20
Answers
1
A waiter works in the....
Secondary sector
Primary sector
Agricultural sector
Tertiary sector
2
The extraction industry is also known as...
Service sector
Primary sector
Secondary sector
Tertiary sector
3
Which of the following is not a characteristic of a successful entrepreneur?
Pessimistic
Motivated
Risk taker
Innovative
4
which one of the following is not a resource from land?
Machinery
Minerals
Oil
Iron
5
Fishing farming and mining are all part of.....
Primary sector
Secondary sector
Service sector
Tertiary sector
6
The majority of the UK workforce work in the..
Manufacturing sector
Primary sector
Secondary sector
Tertiary sector
7
Which of the following is an example of a capital resource?
Oil
Sewing machine
Engineer
IKEA
8
Which of the following is an enterprise resource?
IKEA
Machinery
Engineer
Soil
9
Which of the following is not a need
Shelter
Water
Ipad
Food
10
A car manufacturer works in the...
Tertiary sector
Service sector
Primary sector
Secondary sector
11
A person who buys goods and services is known as....
A consumer
An entrepeneur
A producer
A supplier
12
Someone who produces goods and services is known as...
A service
A product
A consumer
A producer
13
Which of the following is an example of a want?
Ferrari
Water
Shelter
Food
14
Which of the following set laws and regulations on products and services produced?
Supplier
The government
Consumer
Producer
15
An example of a labor resource is
Microsoft
builder
oil
A hammer
16
Which of the following is not a factor of production?
Land
Promotions
Capital
Labor
17
A farmer works in.....
Service sector
Primary sector
Secondary sector
Tertiary Sector
18
Which of the following is not part of the economic groups?
The government
Producers
Consumers
Primary sector
19
A teacher works in the...
Tertiary sector
Agricultural sector
Primary sector
Secondary sector
20
What is the basic economic problem?
Lack of luxury products
Choice
Scarcity
Too many resources
