test your knowledge

1. The following are all example of wants except _________________________


a. Car

b. Games

c. Clothing

d. Entertainment



2. A person who cut down the tree from the jungle is involved in

a. Extractive occupation

b. Commercial occupation

c. Direct Service occupation

d. Manufacturing occupation



3. Which of the following statements is not true?

a. Doctors, nurses and teachers provide direct service

b. Wholesaler, retailer and banker provide commercial services

c. Taking out raw materials from natural is extractive occupation

d. Those who construct a building, houses and road are under manufacturing occupation



4. Raw materials are converted into finished product in the ______________ production

a. Primary

b. Secondary

c. Tertiary



5. A very important things that man must have are clothes, shelter and ___________

a. Bed

b. Food

c. Computer

d. Hand phone



6. ___________________ a way to tell the public about the new goods and services

a. Banking

b. Insurance

c. Advertising

d. Communication



7. ___________________ is the selling of local goods to foreign countries

a. Import

b. Export

c. Home Trade

d. Foreign Trade