3-3 quiz

Question 1

Which of the following is a job in the primary sector that produces raw materials and basics?

Accepted Answer

farmer

Question 2

When a country focuses on sustainability, it attempts to produce its own goods without trade

Accepted Answer

False

Question 3

In economics, what is meant by the term productivity?

Accepted Answer

measure of what is produced and what is needed to produce it

Question 4

In which type of economy are most of the means of production privately owned?

Accepted Answer

market

Question 5

Which of the following is an example of a nonrenewable resource?

Accepted Answer

coal

Question 6

To obtain the things you want and need, you use both natural and human resources.

Accepted Answer

True

Question 7

One disadvantage of trade is that it can sometimes create unemployment.

Accepted Answer

True

Question 8

A country's decision about what to produce determines its economic system.

Accepted Answer

False

Question 9

Which of the following are all factors of production?

Accepted Answer

land, labor, and capital

Question 10

In developing countries, most of the population lives in poverty.

Accepted Answer

True

Questions 10