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Question Results

Score 3 of 3

Question:

Multiple choice question

Economy means a local, national or global structure of wealth and finance, including all business and money.

Economy can also mean a country's ability to generate wealth through natural resources, business and industry.

For example:

Dubai's economy is based on the export of oil.

The country’s economy is doing very well because there is a big demand for its products.

system of wealth in a country

how a nation's money and trade are organized

the legal system of a country

financial structure of a country

Which answers below are closest in meaning to economy? Choose the 3 correct answers.

Response:

the legal system of a country

financial structure of a country

system of wealth in a country

how a nation's money and trade are organized
Score 3 of 3

Question:

Multiple choice question

how happy the people are

how many products it imports and exports

how many new businesses open each year

growth of its industries

Choose 3 examples of things that are directly related to a country's economy.

 

Response:

how many products it imports and exports

how happy the people are

growth of its industries

how many new businesses open each year
Score 1 of 3

Question:

Multiple choice question

The examples below illustrate the meaning of economy.

its ability to distribute goods via roads and railways.

its products and exports.

the cultural backgrounds of people who live in the country.

the national income and wealth.

Which answers below best complete this sentence? Choose the 3 correct answers.

 

A country's economy includes...

Response:

the national income and wealth.

the cultural backgrounds of people who live in the country.
Feedback:

Things which affect an economy are related to its system of wealth. Whether the people in a country are happy or not does not contribute to its economy.

its ability to distribute goods via roads and railways.

its products and exports.