Economics: Types, Sectors, Branches

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6. Which sector of the economy includes activities related to the extraction and production of raw materials?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector

Answer: a) Primary sector
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7. Which sector of the economy involves the processing and manufacturing of raw materials into finished goods?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector

Answer: b) Secondary sector
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8. Which sector of the economy includes services such as retail, transportation, and healthcare?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector

Answer: c) Tertiary sector
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9. Which sector of the economy involves activities related to information technology, research, and development?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector

Answer: d) Quaternary sector
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10. Which branch of economics studies individual households and firms?
a) Microeconomics
b) Macroeconomics
c) International economics
d) Development economics

Answer: a) Microeconomics
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