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economy

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Your score was: 56 %

Question Results

Score 1 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
	financial structure of a country
	the legal system of a country

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

Response:

	the legal system of a country
	Feedback: An economy is a system of money and trade. A legal system deals with the law and not with the economy.
	how a nation's money and trade are organized
	system of wealth in a country
	financial structure of a country

Score 1 of 3

Question:

Multiple choice question


	growth of its industries
	how many products it imports and exports
	how happy the people are
	how many new businesses open each year

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

Response:

	how happy the people are
	Feedback: A country's economy refers to its ability to make, distribute and sell its products and increase its wealth. A country's economy does not include the cultural backgrounds of people in the country.
	growth of its industries
	how many products it imports and exports
	how many new businesses open each year

Score 3 of 3

Question:

Multiple choice question

The examples below illustrate the meaning of economy.


	its ability to distribute goods via roads and railways.
	the national income and wealth.
	the cultural backgrounds of people who live in the country.
	its products and exports.

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

A country's economy includes...

Response:

	the national income and wealth.
	its ability to distribute goods via roads and railways.
	the cultural backgrounds of people who live in the country.
	its products and exports.