#1
Which sector is primarily concerned with the extraction of raw materials?
2 answered
#2
What is the main focus of the tertiary sector in the economy?
2 answered
#3
What is the primary goal of economic development?
1 answered
#4
Which economic system is characterized by private ownership of the means of production and market-based allocation of resources?
1 answered
#5
What is the main objective of a fiscal policy?
1 answered
#6
What is the term for the value of a country's exports minus its imports?
1 answered
#7
Which economic indicator is used to measure the overall health of an economy?
1 answered
#8
Which of the following is not a characteristic of a developed economy?
1 answered
#9
In economic terms, what is inflation?
1 answered
#10
Which sector is responsible for transforming raw materials into finished goods?
1 answered
#11
In the context of economic development, what does the term 'Human Development Index (HDI)' measure?
1 answered
#12
Which economic model suggests that a country should specialize in the production of goods and services in which it has a comparative advantage?
1 answered
#13
What does the term 'BRIC' refer to in the context of emerging economies?
1 answered
#14
Which economic concept represents the total market value of all goods and services produced within a country in a specific time period?
1 answered
#15
Which of the following is a measure of income distribution within a population?
1 answered