Economics Practice Quiz 34
10 questions · 12 minutes
Q1.When factories close down, what common alternative do many once regular workers resort to?
Q2.What criterion is primarily used to divide economic activities into primary, secondary, and tertiary sectors?
Q3.The classification of economic activities into primary, secondary, and tertiary sectors helps to analyze which of the following?
Q4.Besides primary, secondary, and tertiary, economic activities can also be classified into which two sectors to look at employment?
Q5.What is the basis for classifying economic activities into public and private sectors?
Q6.In the public sector, which entity typically owns most of the assets and provides all the services?
Q7.In the private sector, who holds the ownership of assets and is responsible for the delivery of services?
Q8.Which of the following is an example of an entity operating in the public sector?
Q9.Tata Iron and Steel Company Limited (TISCO) and Reliance Industries Limited (RIL) are examples of companies operating in which sector?
Q10.What is the primary motive guiding activities in the private sector?