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Basic Economic
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Economics
Quiz on basic economics
By
ROZYLEEN CHAUDHARY
Created Date 05.21.20
Last Updated 05.22.20
Viewed 21 Times
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Topics of this game:
Land, labour, capital and enterprenure are the .....
Unlike proprietorship, partnership has the advantage of more talent and skills.
Medicine is a want or a need, or can it be both?
Trade is possible only due to scarcity of resources.
Oversupply can bring down the price of the product.
China specializes in manufacturing sector so it does not have an important role in global economy.
Economic globalization has a major impact on political relations between countries.
Economic growth comes with sacrifices of environment and exploitation of society, for most Asian countries.
Fair trade is a government law that keeps check on unfair business practices.
World Bank gives loans to nations for major development projects, to nations.
Which is the apex bank of India?
Trade barriers purpose is to protect the local businesses.
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