Product Classification and Benefits of Purchasing Local Goods Quiz

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Questions and Answers

What is the term used to describe products like fruits, plants, and vegetables?

  • Manufactured Products
  • Grown Products (correct)
  • Inventories
  • Services

Which factor is NOT listed as a benefit of purchasing local goods and services?

  • Boosting the economy through tax collection
  • Developing skills of the local people
  • Maximizing the use of natural resources
  • Increasing reliance on imported goods (correct)

What does a stock card help control?

  • Daily average consumption
  • Patrons' behavior towards products
  • Records of goods and materials (correct)
  • Tax collection

Which action is suggested in the context of 'Factors of Purchasing Local Goods and Services'?

<p>Checking the sustainability of items (D)</p> Signup and view all the answers

What are intangible products referred to as?

<p>Services (B)</p> Signup and view all the answers

What does purchasing local goods and services help maximize according to the text?

<p>The use of raw materials in production (D)</p> Signup and view all the answers

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