5 Questions
Which division of economics is responsible for the movement of goods and services from production to the consumer?
Exchange
Which division of economics is responsible for distributing goods and services among cooperating factors?
Distribution
Which division of economics is responsible for studying financial income and expenditure?
Public Finance
Which division of economics is responsible for satisfying the consumption of the consumer?
Production
Which division of economics is considered the basic activity of the economy?
Consumption
Test your knowledge on the 5 divisions of economics with this quiz! From consumption to exchange, this quiz will challenge your understanding of the different aspects of economics and how they contribute to the overall economy.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
