Test Your Knowledge On Economy Of Switzerland!

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  • 1/10 Questions

    What's Switzerland's rank in terms of export despite its small size?

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    • 21th
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About This Quiz

Switzerland is known as one of the world's wealthiest countries. Its people seem to have very prosperous lives with very high wages, and the country also knows very low unemployment rates. It is home to some of the most popular brands in the world, like Nestle and Swatch watch, but what do you really know about its economy? Take this See morequiz and see how much you score.

Test Your Knowledge On Economy Of Switzerland! - Quiz

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  • 2. 

    In 2017 what was the average gross household income in Germany?

    • $8,200 per month

    • $7.600 per month

    • $7,000 per month

    • $10, 720 per month

    Correct Answer
    A. $10, 720 per month
    Explanation
    The average gross household income in Germany in 2017 was $10,720 per month. This means that, on average, households in Germany earned this amount before any deductions or taxes were taken into account. This figure represents the average income across all households in the country, indicating the overall financial status of the population during that year.

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  • 3. 

    What's the company has the highest revenue in Switzerland?

    • Swiss Re

    • Novartis

    • Glencore

    • Nestle

    Correct Answer
    A. Glencore
    Explanation
    Glencore is the company with the highest revenue in Switzerland.

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  • 4. 

    What is Switzerland's most important economic factor?

    • Manufacturing

    • Innovation

    • Aviation

    • Leisure

    Correct Answer
    A. Manufacturing
    Explanation
    Switzerland's most important economic factor is manufacturing. This sector plays a significant role in the country's economy, contributing to its overall growth and stability. Switzerland is known for its precision engineering and high-quality products, such as watches, pharmaceuticals, machinery, and chemicals. The manufacturing industry in Switzerland is highly advanced and technologically driven, with a strong focus on innovation and quality. It generates substantial employment opportunities and exports, making it a crucial pillar of the Swiss economy.

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  • 5. 

    What is Switzerland's biggest export?

    • Clothing

    • Specialist chemicals

    • Chocolate

    • Watches

    Correct Answer
    A. Specialist chemicals
    Explanation
    Switzerland is known for its expertise in the chemical industry, making specialist chemicals one of its biggest exports. The country has a strong reputation for producing high-quality chemicals used in various industries such as pharmaceuticals, biotechnology, and fine chemicals. Swiss companies are renowned for their precision, innovation, and strict quality standards, which contribute to the success of their chemical exports. This specialization in the chemical sector has helped Switzerland maintain a competitive edge in the global market and establish itself as a leading exporter in this field.

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  • 6. 

    What's Switzerland's second-biggest export?

    • Food

    • Medecine

    • Cosmetics

    • Machines and electronics

    Correct Answer
    A. Machines and electronics
    Explanation
    Switzerland is well-known for its precision engineering and high-quality manufacturing. The country has a strong reputation for producing and exporting a wide range of machines and electronics, including industrial machinery, watches, medical devices, and electronic components. This sector contributes significantly to Switzerland's economy and is considered one of its key export industries. Therefore, machines and electronics being Switzerland's second-biggest export is a plausible and logical answer.

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  • 7. 

    How many people currently work in Germany?

    • 3 million people

    • 4 million people

    • 5 million people

    • 6 million people

    Correct Answer
    A. 5 million people
    Explanation
    The correct answer is 5 million people. This answer indicates the current number of people working in Germany. It suggests that there are 5 million individuals employed in various sectors and industries in the country.

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  • 8. 

    What's the percentage of people who belong to a trade union?

    • 15%

    • 20%

    • 25%

    • 30%

    Correct Answer
    A. 25%
    Explanation
    The correct answer is 25% because it is the only option that falls within the given range of percentages (15%, 20%, 25%, 30%).

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  • 9. 

    What is Switzerland's unemployment rate?

    • 3.2%

    • 4%

    • 5%

    • 6%

    Correct Answer
    A. 3.2%
    Explanation
    Switzerland's unemployment rate is 3.2%. This indicates the percentage of the labor force that is unemployed and actively seeking employment. A low unemployment rate suggests a strong and stable economy, as it indicates a high demand for labor and job opportunities for individuals.

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  • 10. 

    How many people own their home in Switzerland?

    • 37%

    • 38%

    • 39%

    • 40%

    Correct Answer
    A. 37%
    Explanation
    37% of people in Switzerland own their home.

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  • Current Version
  • Nov 16, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Oct 06, 2019
    Quiz Created by
    Anouchka

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