Economy Quizzes, Questions & Answers
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Explore a pivotal era in history with our quiz, "The Great Depression." Delve into the complexities of this economic catastrophe that unfolded during the 1930s, reshaping the world's socio-economic landscape. Test...
Questions: 10 | Attempts: 216 | Last updated: Aug 23, 2023
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Sample QuestionWhen did the Great Depression occur?
Do you know about the economies of scale? You can take this quiz on economies of scale MCQ. Economies of scale are generally related to the cost advantages occurring to an enterprise or organization. Take this quiz to see how...
Questions: 10 | Attempts: 3059 | Last updated: Aug 24, 2023
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Sample Question'Economies of scale' is also known as
This quiz, titled 'Reading Comprehension_Passage on Economy', assesses understanding of economic development strategies from the 1960s to recent times. It evaluates comprehension of shifts from manufacturing to high-tech...
Questions: 9 | Attempts: 456 | Last updated: Sep 1, 2023
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Sample QuestionDirections (Q. 1 – 5): The passage given below is followed by a set of five questions. Choose the most appropriate answer to each question. During the 1960’s and 1970’s the primary economic development strategy of local governments in the United States was to attract manufacturing industries. Unfortunately, this strategy was usually implemented at another community’s expense: many manufacturing facilities were lured away from their moorings elsewhere through tax incentive and slick promotional efforts. Through the transfer to jobs and related revenues that resulted from this practice, one town’s triumph could become another town’s tragedy. In the 1980’s the strategy shifted from this zero-sum game to one called “high-technology development,” in which local governments competed to attract newly formed high-technology manufacturing firms. Although this approach was preferable to victimizing other geographical areas by taking their jobs, it also had its shortcomings: high-tech manufacturing firms employ only a specially trained fraction of the manufacturing workforce, and there simply are not enough high-tech firms to satisfy all geographic areas. Recently, local governments have increasingly come to recognize the advantages of yet a third strategy: the promotion of homegrown small businesses. Small indigenous businesses are created by a nearly ubiquitous resource, local entrepreneurs. With roots in their communities, these individuals are less likely to be enticed away by incentives offered by another community. Indigenous industry and talent are kept at home, creating an environment that both provides jobs and fosters further entrepreneurship. Question: The primary purpose of the passage is to
We sincerely welcome you to this Labor market quiz! A Labor market is a place where workers and employee meet together conveniently. Do you believe you know everything about it? If so, why not give this awesome quiz a try? We are...
Questions: 10 | Attempts: 1043 | Last updated: Aug 16, 2023
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Sample QuestionIn an organization, the process of attracting individuals for specific jobs is classified as what?
Embark on a journey through the economic heart of India with our "Sectors of Indian Economy" quiz. Uncover the intricacies of agriculture, industry, and services sectors that collectively shape the nation's economic...
Questions: 30 | Attempts: 169 | Last updated: Aug 26, 2024
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Sample QuestionWhich sector of the Indian economy employs the largest number of people?
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We welcome you to this Economy women empowerment quiz. Women have made lots of significant contributions to the world economy. Do you consider yourself an expert on the facts and figures around women's economic...
Questions: 10 | Attempts: 28 | Last updated: Mar 6, 2023
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Sample QuestionWhich of the following are examples of women's economic empowerment?
Do you know about Adam Smith's philosophies on the US economy? Take this Adam Smith and the US economy quiz to see what all you know. Here, we have curated a few questions on Adam Smith's philosophies on the US economy....
Questions: 10 | Attempts: 40 | Last updated: Aug 16, 2023
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Sample QuestionIn a Laissez-Faire economy, government involvement is __________.
The quiz has been design to review content covered in class under introduction in business of farming. This will aid in preparing ourselves in entering a new topic on the law of diminishing returns in agriculture.
Questions: 9 | Attempts: 123 | Last updated: Mar 22, 2023
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Sample QuestionThe shape of the marginal product curve is when the marginal product curve increases sharply, and reaches a maximum and then
Questions: 21 | Attempts: 348 | Last updated: Mar 22, 2023
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Sample QuestionThe main reason for stagnation in agriculture sector during British rule was-
Questions: 115 | Attempts: 211 | Last updated: Mar 21, 2023
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Sample QuestionWhich functions form a maintenance group?
Having stability in a business or governmental setting is important. Knowledge of the three pillars of sustainability comes in handy while planning for the now and the future. That is social, environmental, and economic...
Questions: 11 | Attempts: 503 | Last updated: Dec 18, 2023
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Sample QuestionWhat is economic sustainability?
The US economy has undergone a lot of changes throughout history with a lot of ups and downs. In the late 1700s there was a great depression that saw the economy plummet to a level never seen before. How much do you know about...
Questions: 12 | Attempts: 155 | Last updated: Nov 12, 2024
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Sample QuestionHow would a child today most likely compare her life to the life of a child in the 1820s?
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