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Employment Sectors in Modern Economies Quiz

#1

Which sector includes activities like agriculture, forestry, and fishing?

Primary sector
Explanation

Involves extraction and production of natural resources.

#2

In which sector do manufacturing and construction activities belong?

Secondary sector
Explanation

Involves manufacturing and construction activities.

#3

What term is used to describe individuals who are willing and able to work but are unable to find employment?

Unemployment
Explanation

Refers to individuals unable to find employment.

#4

Which sector is characterized by the extraction and production of natural resources?

Primary sector
Explanation

Involves extraction and production of natural resources.

#5

What is the term for a situation where the number of job seekers exceeds the number of available job openings?

Unemployment
Explanation

Occurs when job seekers outnumber job openings.

#6

What characterizes the tertiary sector of the economy?

Service-based activities
Explanation

Focuses on service-based activities.

#7

Which sector involves information technology, education, and research activities?

Quaternary sector
Explanation

Associated with software development, data processing, and information services.

#8

What is the term used for the process of moving jobs from one country to another, often for cost savings?

Offshoring
Explanation

Refers to moving jobs to other countries for cost savings.

#9

Which sector is most affected by seasonal fluctuations in demand for goods and services?

Primary sector
Explanation

Impacted by seasonal fluctuations in demand.

#10

What is the term used for individuals who work part-time or on a temporary basis without a long-term commitment to a single employer?

Gig workers
Explanation

Refers to part-time or temporary workers.

#11

What is the main focus of the quaternary sector in the modern economy?

Services and knowledge-based activities
Explanation

Focuses on services and knowledge-based activities.

#12

Which sector is often referred to as the 'knowledge economy'?

Quaternary sector
Explanation

Known as the 'knowledge economy'.

#13

Which sector contributes the most to a country's gross domestic product (GDP) in many developed economies?

Tertiary sector
Explanation

Contributes the most to GDP in developed economies.

#14

What does the term 'Luddite' historically refer to in the context of employment sectors?

Opponent of technological progress
Explanation

Refers to opponents of technological progress.

#15

Which sector is associated with the development and sale of software, data processing, and information services?

Quaternary sector
Explanation

Associated with software development, data processing, and information services.

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