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Types of Human Industrial Activity Quiz

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Questions and Answers

What is the primary purpose of the primary industry?

To recover natural resources from the environment (correct)

To provide finished goods to consumers

To manufacture goods on a large scale

To offer highly specialized and expensive technology services

Which of the following industries is most closely associated with the Industrial Revolution in Britain?

Tertiary industry

Primary industry

Quaternary industry

Secondary industry (correct)

What is a characteristic of the tertiary industry?

It involves the extraction of natural resources

It provides a wide range of services that support the primary and secondary industries (correct)

It provides highly specialized and expensive technology services

It is the most labor-intensive industry

Which type of business ownership is characterized by unlimited liability?

Sole Proprietorship Signup and view all the answers

What is a disadvantage of a sole proprietorship?

Harder to raise capital Signup and view all the answers

What is a characteristic of a corporation?

It has limited liability Signup and view all the answers

What is the primary reason for the development of the tertiary industry in Canada?

Surplus of production workers Signup and view all the answers

Which industry is the most important in terms of providing goods to consumers?

Secondary industry Signup and view all the answers

What is a characteristic of the quaternary industry?

It provides highly specialized and expensive technology services Signup and view all the answers

Which type of business ownership is characterized by joint liability?

Partnership Signup and view all the answers