Introduction to Economic Activities Quiz

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10 Questions

What is the term for a regular activity concerned with production and distribution of goods and services for profits?

Business

Which term describes human activities that are conducted for earning money?

Occupation

What is the term for buying and selling of goods against money or money's worth?

Trade

Which term describes activities that remove all the difficulties in trade?

Facilitation

What type of industries create immovable wealth?

Extractive Industries

Which business activity is concerned with the production of goods and services?

Manufacturing

Which business activity is concerned with the distribution of goods and services?

Sales

Which activity provides mobility to men and material?

Transportation

What aid to trade creates time utility?

Warehousing

What occupation involves providing expert services for a fee?

Consulting

Test your knowledge on the introduction to economic activities, including non-economic activities, trade, and business. Learn about activities undertaken for personal satisfaction without monetary gains, and those conducted for earning money.

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