Economic activities and sectors

Which of the following is an example of a want rather than a need?

What does the tertiary sector mainly provide?

Which of these activities belongs to the primary sector?

What does the primary sector mainly involve?

Primary sector activities are typically carried out in which areas?

What is the result of scarcity when we choose more of something?

Before the Industrial Revolution, how were decisions about production typically made?

Which countries are also known as LEDCs?

What is the main difference between the secondary sector and the tertiary sector?

In HICs, what percentage of the active population typically works in the tertiary sector?

What is one role that the state can play in a mixed economy?

What is one potential consequence of choosing to build more hospitals in a society?

Which type of capital refers to the skills and knowledge of workers?

Which sector is most likely to be affected by automation?

Which of the following is NOT a characteristic of HICs?

Which of the following is another name for High Income Countries (HICs)?

Which of these activities belongs to the tertiary sector?

What is the relationship between economic development and the size of the tertiary sector?

What is the main difference between renewable and non-renewable resources?

Which of the following is NOT typically considered a factor of production?

What is productivity

Which of the following is an example of a service?

Which sector is typically the strongest in HICs?

Where is the secondary sector usually located?

What is another name for the tertiary sector?

Which sector involves transforming raw materials?

What does 'scarcity' mean in economics?

What does scarcity require people to do?

What are the actions that are provided to people, but they do not produce material objects?

In a market economy, what primarily drives production decisions?

What is the primary goal of companies in a market economy?

Which of the following is an example of a 'good' in economic terms?

What is required to have a competitive economy?

What term describes an economy where both the government and private companies make economic decisions?

In which type of country is the secondary sector quite strong?

If a country has a large percentage of its workforce in the primary sector, what can you infer?

Which sector includes jobs like teaching and healthcare?

In which type of country is the primary sector typically the MOST important?

In a centrally planned economy, who controls production and distribution?

What does the secondary sector mainly involve?

Economics is sometimes called the study of what?

Where are services primarily supplied?

Which of these activities belongs to the secondary sector?

What is essential to achieve a competitive economy?

According to Maslow's hierarchy of needs, what is at the bottom of the pyramid?

In LICs, approximately what percentage of workers are employed in the secondary sector?

In HICs, what proportion of the active population works in the primary sector?

What limits us as individuals in satisfying all our desires?

What are the three main components of economic activities?

What is the set of activities carried out by human beings to satisfy their needs?