Business in the Market Economy (HSC SSCE Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What do profitable, growing businesses generate more of for governments?
What do profitable, growing businesses generate more of for governments?
Tax revenue
Why did Western Australia & Queensland grow faster than other states pre-2014?
Why did Western Australia & Queensland grow faster than other states pre-2014?
Minerals & resources industries
What direct effect does business expansion have on unemployment rates?
What direct effect does business expansion have on unemployment rates?
Reduces unemployment rates
Which sectors created many new jobs in the Sydney region in recent years?
Which sectors created many new jobs in the Sydney region in recent years?
Business, financial services & ICT
Which wine region is located in New South Wales?
Which wine region is located in New South Wales?
The Hunter Valley
What benefit does regional business growth bring to local transport?
What benefit does regional business growth bring to local transport?
Improved road & transport networks
What does productive capacity refer to in an economy?
What does productive capacity refer to in an economy?
Max goods & services producible
What does an outward shift of the PPF represent?
What does an outward shift of the PPF represent?
Expansion in productive capacity
Which type of government support is offered to businesses for international trade?
Which type of government support is offered to businesses for international trade?
Specialised support for overseas marketing
How does increased productive capacity improve living standards?
How does increased productive capacity improve living standards?
More goods & services available to consume