You are here

economy

You got 7 of 9 possible points.

Your score was: 78 %

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.


	how a nation's money and trade are organized
	financial structure of a country
	the legal system of a country
	system of wealth in a country

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

Response:

	system of wealth in a country
	the legal system of a country
	financial structure of a country
	how a nation's money and trade are organized

Score 1 of 3

Question:

Multiple choice question


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

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

Response:

	how many products it imports and exports
	how many new businesses open each year
	growth of its industries
	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.

Score 3 of 3

Question:

Multiple choice question

The examples below illustrate the meaning of economy.


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

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

A country's economy includes...

Response:

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