Welcome to the Knowledge Mouse Online Quiz
Chapter 5 Quiz
| Questions |
Answers |
| What economic system is based on the private ownership of businesses and the products made and sold? |
Market |
| In which economic sector are raw materials harvested? |
Primary |
| What economic system is based on tradition and most often found in underdeveloped regions? |
Traditional |
| Which sector deals with knowledge and information? |
Quarternary |
| A market economy is driven by what economic principle? |
Supply and demand |
| What is the interaction between the various countries of the world called? |
Globalization |
