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Sectors of Economy Flashcards | StudBud
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Sectors of Economy
Sectors of Economy
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Flashcards
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Questions
10
Answers
1
The secondary sector plays a crucial role in converting raw materials into finished products.
True
False
2
Which of the following is an example of the quaternary sector?
Construction
Farming
IT service
Retail trade
3
Artificial intelligence and automation are impacting all economic sectors equally.
False
True
4
Which economic sector contributes the most to GDP in developed countries?
Quaternary
Tertiary
Secondary
Primary
5
The quaternary sector focuses on research, IT, and knowledge-based services.
True
False
6
Which of the following industries belongs to the secondary sector?
Tourism
Fishing
Software development
Steel production
7
The quinary sector includes high-level decision-making roles such as government officials and CEOs.
False
True
8
Which sector is also known as the service sector??
Tertiary
Quinary
Primary
Secondary
9
A decline in the primary sector is always a sign of economic failure.
False
True
10
What is related to primary sector?
scientist
teaching
manufacturar
mining
