Economic Activity: What People Do to Earn Money

Question 1

What is NOT true about economic activities?

Accepted Answer

They are always done by people working together.

Answer

They produce goods and services.

Answer

They use resources.

Answer

They can be profitable.

Question 2

What is a key difference between the secondary and tertiary sectors of the economy?

Accepted Answer

The secondary sector makes goods, while the tertiary sector provides services.

Answer

The secondary sector is more important than the tertiary sector.

Answer

The tertiary sector has more jobs than the secondary sector.

Answer

The secondary sector uses more raw materials than the tertiary sector.

Question 3

Which of these could be an example of a quaternary industry?

Accepted Answer

Doing research

Answer

Growing crops

Answer

Building cars

Answer

Serving food in a restaurant

Question 4

Which industry is an example of the secondary sector?

Accepted Answer

Car manufacturing

Answer

Farming

Answer

Teaching

Question 5

Which of these is a job in the tertiary sector?

Accepted Answer

Doctor

Answer

Miner

Answer

Farmer

Question 6

Which of these is an example of a sustainable economic activity?

Accepted Answer

Recycling

Answer

Burning fossil fuels

Answer

Cutting down forests

Question 7

What is one of the key differences between a developed and a developing economy?

Accepted Answer

Level of income

Answer

Population size

Answer

Climate

Question 8

Which part of the economy is responsible for turning raw materials into finished products?

Accepted Answer

Secondary sector

Answer

Primary sector

Answer

Tertiary sector

Answer

Quaternary sector

Question 9

Which of the following is an example of a tertiary industry?

Accepted Answer

Working as a teacher

Answer

Farming the land

Answer

Mining for coal

Answer

Catching fish

Question 10

Which of these is a good thing for the environment that some businesses do?

Accepted Answer

Use energy from the sun or wind

Answer

Pollute the air

Answer

Cut down trees

Answer

Cause climate change

Question 11

Which of these is NOT a primary industry?

Accepted Answer

Manufacturing

Answer

Farming

Answer

Mining

Answer

Fishing

Question 12

What is the main activity in the secondary industry sector?

Accepted Answer

Processing raw materials into finished goods

Answer

Producing raw materials

Answer

Providing services

Question 13

Which of these industries is an example of the tertiary sector?

Accepted Answer

Education

Answer

Car manufacturing

Answer

Farming

Answer

Textile production

Question 14

What is the primary purpose of economic activity?

Accepted Answer

Satisfying human needs and wants

Answer

Creating wealth

Answer

Providing employment

Answer

Improving the environment

Question 15

What is specialization in economic activity?

Accepted Answer

Focusing on a specific economic activity within a region

Answer

Producing a wide range of goods and services

Answer

Importing goods and services from other regions

Answer

Exporting goods and services to other regions

Question 16

What is the key difference between a producer and a consumer?

Accepted Answer

A producer creates goods and services, while a consumer uses them.

Answer

A consumer creates goods and services, while a producer uses them.

Answer

Producers and consumers are the same.

Answer

There is no difference.

Question 17

Which of the following is NOT an example of an activity in the primary sector of the economy?

Accepted Answer

Manufacturing

Answer

Farming

Answer

Mining

Answer

Fishing

Question 18

What is the main purpose of the tertiary sector of the economy?

Accepted Answer

To provide services

Answer

To extract raw materials

Answer

To process raw materials into finished goods

Answer

To generate energy

Question 19

Which of the following industries is considered capital-intensive?

Accepted Answer

Car manufacturing

Answer

Textile manufacturing

Answer

Farming

Answer

Fishing

Question 20

What is the main economic activity in the United Kingdom?

Accepted Answer

Services

Answer

Agriculture

Answer

Manufacturing

Answer

Tourism

Question 21

What is the term for a situation where there are more people looking for jobs than there are jobs available?

Accepted Answer

Unemployment

Answer

Underemployment

Answer

Overemployment

Answer

Jobless recovery

Question 22

What is the name of the economic system in which individuals and businesses own and control the means of production?

Accepted Answer

Capitalism

Answer

Socialism

Answer

Communism

Answer

Mixed economy

Question 23

What is the term used to describe the process of transforming raw materials into products we can use?

Accepted Answer

Secondary industry

Answer

Primary industry

Answer

Tertiary industry

Answer

Quaternary industry

Question 24

Which of the following is NOT an example of an activity in the primary sector?

Accepted Answer

Manufacturing

Answer

Mining

Answer

Farming

Answer

Fishing

Question 25

Which sector of the economy provides services to people, like teaching, healthcare, and retail?

Accepted Answer

Tertiary

Answer

Primary

Answer

Secondary

Answer

Quaternary

Question 26

What is the main economic activity in the United Kingdom?

Accepted Answer

Services

Answer

Agriculture

Answer

Manufacturing

Answer

Tourism

Question 27

Which of the following is NOT a renewable energy source?

Accepted Answer

Nuclear energy

Answer

Solar energy

Answer

Wind energy

Answer

Hydroelectric energy

Question 28

How can we encourage economic activities that benefit our local community and protect the environment?

Accepted Answer

Use more renewable energy sources, like solar and wind power.

Accepted Answer

Shop at local stores instead of big chain stores.

Answer

Drive more cars and use less public transportation.

Question 29

Which of the following is NOT one of the three main sectors of the economy?

Accepted Answer

Quaternary

Answer

Primary

Answer

Secondary

Answer

Tertiary

Question 30

Which sector of the economy is responsible for extracting or growing raw materials?

Accepted Answer

Primary

Answer

Secondary

Answer

Tertiary

Question 31

Which sector of the economy provides services to businesses and individuals?

Accepted Answer

Tertiary

Answer

Primary

Answer

Secondary

Question 32

What is the main difference between the primary and secondary sectors of the economy?

Accepted Answer

The primary sector produces raw materials while the secondary sector processes them.

Answer

The secondary sector produces raw materials while the primary sector processes them.

Answer

The primary sector provides services while the secondary sector produces goods.

Answer

The secondary sector provides services while the primary sector produces goods.

Question 33

Which of the following is an example of a primary industry in the UK?

Accepted Answer

Farming

Answer

Car manufacturing

Answer

Banking

Question 34

Which of the following factors is NOT likely to influence the location of an industry?

Accepted Answer

Weather conditions

Answer

Availability of raw materials

Answer

Availability of skilled workforce

Answer

Proximity to markets

Question 35

How might technology affect the economy in the future?

Accepted Answer

Create new jobs in different fields

Accepted Answer

Reduce the need for workers in certain industries

Answer

Have no effect on the economy

Answer

Slow down economic growth

Question 36

How are the primary, secondary, and tertiary sectors of the economy connected?

Accepted Answer

The primary sector gets raw materials, the secondary sector makes products, and the tertiary sector helps the other two.

Answer

The tertiary sector is the most important part of the economy.

Answer

Only the primary sector makes new wealth.

Question 37

Which of these is a key feature of global economic activities?

Accepted Answer

Interdependence

Accepted Answer

Specialization

Accepted Answer

Flow of goods and services

Answer

Limited influence of local factors

Question 38

What sector of the economy is responsible for providing services such as teaching and healthcare?

Accepted Answer

Tertiary sector

Answer

Primary sector

Answer

Secondary sector

Answer

Quaternary sector

Question 39

What is the main reason why people take part in economic activities?

Accepted Answer

To produce goods and services

Answer

To get rich

Answer

To have fun

Answer

To help others

Question 40

What is the process called when raw materials are changed into finished goods?

Accepted Answer

Production

Answer

Distribution

Answer

Consumption

Answer

Marketing

Question 41

Which of these is an example of a renewable resource?

Accepted Answer

Water

Answer

Coal

Answer

Natural gas

Answer

Oil

Question 42

What industry is involved in producing food and other items directly from natural resources?

Accepted Answer

Primary industry

Answer

Tertiary industry

Answer

Secondary industry

Answer

Quaternary industry

Question 43

Which economic sector provides services such as healthcare, education, and entertainment directly to consumers?

Accepted Answer

Tertiary sector

Answer

Secondary sector

Answer

Primary sector

Question 44

What industry transforms raw materials into finished products, such as cars or furniture?

Accepted Answer

Manufacturing

Answer

Banking

Answer

Tourism

Answer

Agriculture

Question 45

Which sector of the economy is driven by knowledge and technology?

Accepted Answer

Quaternary sector

Answer

Tertiary sector

Answer

Secondary sector

Answer

Primary sector

Question 46

What industry extracts resources like coal, oil, or minerals from the ground?

Accepted Answer

Mining

Answer

Tourism

Answer

Retail

Answer

Healthcare

Question 47

What factor can lead to a decrease in economic activity?

Accepted Answer

Economic recession

Answer

Low inflation

Answer

Technological progress

Answer

Population growth

Question 48

Which of the following is an example of a primary industry?

Accepted Answer

Farming

Answer

Tourism

Answer

Finance

Answer

Manufacturing

Question 49

Which sector of the economy is responsible for producing raw materials?

Accepted Answer

Primary

Answer

Quaternary

Answer

Secondary

Answer

Tertiary

Question 50

Which of the following is an example of a service industry?

Accepted Answer

Education

Answer

Agriculture

Answer

Mining

Answer

Construction

Question 51

Which of the following industries is considered part of the quaternary sector?

Accepted Answer

Research and development

Answer

Tourism

Answer

Agriculture

Question 52

How does economic activity contribute to the development of a country?

Accepted Answer

By creating jobs and generating wealth

Answer

By promoting social equality

Answer

By reducing pollution

Answer

By preserving natural resources

Question 53

Which of the following is an advantage of having a diversified economy?

Accepted Answer

Reduced risk of economic downturns

Answer

Increased reliance on foreign investment

Answer

Lower levels of unemployment

Answer

Higher costs of production

Question 54

What is the main difference between the primary and secondary sectors of the economy?

Accepted Answer

The primary sector extracts raw materials, while the secondary sector transforms them into finished goods.

Answer

The primary sector is more important than the secondary sector.

Question 55

Which of the following is an example of a transnational corporation?

Accepted Answer

McDonald's

Answer

Small local business

Answer

Non-profit organization

Answer

Government agency

Question 56

How can economic activity have a negative impact on the environment?

Accepted Answer

By polluting the air and water, and depleting natural resources

Answer

By creating jobs and boosting the economy

Answer

By improving living standards