Which of the following is not a branch of production?
Consumption
Extraction
Manufacturing
Distribution
Direct services
Correct answer is A
No explanation has been provided for this answer.
A system in which people provide their own needs directly is known as?
sub-standard economy
subsistence economy
mixed economy
monetized economy
specialized economy
Correct answer is B
No explanation has been provided for this answer.
purchase of goods and services
production of goods
buying and selling
distribution of goods
storage of goods
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not an aid to trade?
Transport
Production
Banking
Insurance
Warehouse
Correct answer is B
No explanation has been provided for this answer.
Which of the following comes last in the chain of distribution? The
consumer
manufacturerretailer
wholesaler
agent
Correct answer is A
No explanation has been provided for this answer.