Business Economics Quiz

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Which sector of the economy does the business sector belong to?

Non-profit sector

Public sector

Government sector

Private sector (correct)

What percentage of the value of GDP did the business sector account for in the United States as of 2000?

78% (correct)

60%

50%

40%

Which countries had business sectors accounting for less than 40% of GDP as of 2015?

United States and Kuwait

Kuwait and China

United States and Tuvalu

Kuwait and Tuvalu (correct)

What is the difference between the private sector and the business sector?

<p>The private sector includes all non-government activity, while the business sector only includes business that operate for profit.</p> Signup and view all the answers

In systems of state capitalism, where does much of the business sector form part of?

<p>Public sector</p> Signup and view all the answers

Business Economics Quiz

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Questions and Answers

Which sector of the economy does the business sector belong to?

What percentage of the value of GDP did the business sector account for in the United States as of 2000?

Which countries had business sectors accounting for less than 40% of GDP as of 2015?

What is the difference between the private sector and the business sector?

In systems of state capitalism, where does much of the business sector form part of?

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