Economy Quizzes, Questions & Answers
Top Trending Economy Quizzes
Do you know about the economies of scale? You can take this quiz on economies of scale MCQ. Economies of scale are generally related to the cost advantages occurring to an enterprise or organization. Take this quiz to see how...
Questions: 10 | Attempts: 3125 | Last updated: Aug 24, 2023
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Sample Question'Economies of scale' is also known as
We sincerely welcome you to this Labor market quiz! A Labor market is a place where workers and employee meet together conveniently. Do you believe you know everything about it? If so, why not give this awesome quiz a try? We are...
Questions: 10 | Attempts: 1110 | Last updated: Aug 16, 2023
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Sample QuestionIn an organization, the process of attracting individuals for specific jobs is classified as what?
Hey, do you think you have a good understanding of the economy? Can you pass this circular flow of a market economy trivia quiz that is given below? This quiz will test the knowledge acquired by you on the topic of the...
Questions: 10 | Attempts: 13385 | Last updated: May 26, 2023
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Sample QuestionThe two primary players in the circular flow model are:
Explore the dynamics of the US in the global economy through this quiz. Assess your understanding of US trade volumes, comparative advantages, and key trading partners. Ideal for learners aiming to grasp the complexities of...
Questions: 25 | Attempts: 515 | Last updated: Mar 18, 2023
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Sample QuestionFor the United States, the volume of international trade has been increasing relatively, but not absolutely.
Embark on a journey through the economic heart of India with our "Sectors of Indian Economy" quiz. Uncover the intricacies of agriculture, industry, and services sectors that collectively shape the nation's economic...
Questions: 30 | Attempts: 178 | Last updated: Aug 26, 2024
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Sample QuestionWhich sector of the Indian economy employs the largest number of people?
Recent Economy Quizzes
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...
Questions: 10 | Attempts: 368 | Last updated: Nov 17, 2023
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Sample QuestionWhat's Switzerland's rank in terms of export despite its small size?
The city has an exotic look, where you find a mix of typical traditional thai architecture and more modern building that can easily compete with skycrappers we see in New York. Overall, Bangkok is a very modern city. But is...
Questions: 10 | Attempts: 135 | Last updated: Nov 17, 2023
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Sample QuestionWhere can one find the most impressive malls in Bangkok?
Zambia is an African country located in Southern Africa. It has beautiful landscapes to offer to visitors but it is also rich in minerals and other natural resources like most of its African neighbors like Uganda and Zimbabwe....
Questions: 10 | Attempts: 199 | Last updated: Mar 17, 2023
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Sample QuestionWhere were copper deposits found by Frederick Burnham?
It started being very prosperous from the beginning of the 20th Century thanks to it's neighbor's wealth in oil. But since it's a decline in activity in recent decades, it has put all its efforts on tourism, which has...
Questions: 10 | Attempts: 134 | Last updated: Mar 22, 2023
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Sample QuestionWhat was the economy of the island based on in the 19th Century?
Sweden is known for its serene beauty, ports, seasides, and the most important, Northern Lights. But some things are beyond the natural beauty of this Scandinavian country, things that run it from the inside, economy. This quiz...
Questions: 11 | Attempts: 206 | Last updated: Mar 21, 2023
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Sample QuestionCash is becoming ................................ in Sweden.
Welcome to the United Arab Emirates Economy trivia quiz. In this quiz you will get to see just how much you know about the second most developed economy in the Middle East, the policies put in place to improve it and the Emiratis...
Questions: 5 | Attempts: 397 | Last updated: Mar 20, 2023
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Sample QuestionWhat is the main reason that led to the rapid growth of UAE economy?
Explore the evolution of the Indian economy post-independence through this engaging quiz. Assess your knowledge of pivotal economic strategies like the five-year plans, mixed economy model, and the Green Revolution, highlighting...
Questions: 10 | Attempts: 1823 | Last updated: Mar 21, 2023
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Sample QuestionFive year plan India was borrowed from
Kaun Banega Crorepati: Economy Quiz Set - 2 tests knowledge on various economic indicators like auto sales, foreign tourist arrivals, and World Trade growth forecasts. It assesses understanding of significant economic events and...
Questions: 9 | Attempts: 789 | Last updated: Mar 20, 2023
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Sample QuestionAs per the Society of Indian Automobile Manufacturers (SIAM) with what percent the auto Sales in India was dropped, hitting a 10 year lowest sales percentage?
This quiz, titled 'Reading Comprehension_Passage on Economy', assesses understanding of economic development strategies from the 1960s to recent times. It evaluates comprehension of shifts from manufacturing to high-tech...
Questions: 9 | Attempts: 466 | Last updated: Sep 1, 2023
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Sample QuestionDirections (Q. 1 – 5): The passage given below is followed by a set of five questions. Choose the most appropriate answer to each question. During the 1960’s and 1970’s the primary economic development strategy of local governments in the United States was to attract manufacturing industries. Unfortunately, this strategy was usually implemented at another community’s expense: many manufacturing facilities were lured away from their moorings elsewhere through tax incentive and slick promotional efforts. Through the transfer to jobs and related revenues that resulted from this practice, one town’s triumph could become another town’s tragedy. In the 1980’s the strategy shifted from this zero-sum game to one called “high-technology development,” in which local governments competed to attract newly formed high-technology manufacturing firms. Although this approach was preferable to victimizing other geographical areas by taking their jobs, it also had its shortcomings: high-tech manufacturing firms employ only a specially trained fraction of the manufacturing workforce, and there simply are not enough high-tech firms to satisfy all geographic areas. Recently, local governments have increasingly come to recognize the advantages of yet a third strategy: the promotion of homegrown small businesses. Small indigenous businesses are created by a nearly ubiquitous resource, local entrepreneurs. With roots in their communities, these individuals are less likely to be enticed away by incentives offered by another community. Indigenous industry and talent are kept at home, creating an environment that both provides jobs and fosters further entrepreneurship. Question: The primary purpose of the passage is to
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