SPPMMC TEAM - Quizzes (S/P) - Part 182

Microeconomics

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Microeconomics

Construction The primary sector of the economy extracts or harvests products from the earth, such as raw materials and basic foods. Construction is an industry that is part of the secondary sector of the economy, not the primary sector.

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Construction The primary sector of the economy extracts or harvests products from the earth, such as raw materials and basic foods. Construction is an industry that is part of the secondary sector of the economy, not the primary sector.

Socialist A socialist economy is a system of production where goods and services are produced directly for use.

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Socialist A socialist economy is a system of production where goods and services are produced directly for use.

Adam Smith

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Adam Smith

Money Working Capital is current assets, which can be turned to cash in one year or less, minus current liabilities due within one year. Working capital measures financial liquidity, which is the ability to sell assets without disrupting normal business operations.

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Money Working Capital is current assets, which can be turned to cash in one year or less, minus current liabilities due within one year. Working capital measures financial liquidity, which is the ability to sell assets without disrupting normal business operations.

Trading Primary economic activity involves getting raw materials from the natural environment like mining, farming and fishing. Secondary economic activity involves manufacturing like making cars and steel. Tertiary activities include providing services such as trade, transport, financial operations, business services, personal services, accommodation and food service activities, real estate, education, health etc.

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Trading Primary economic activity involves getting raw materials from the natural environment like mining, farming and fishing. Secondary economic activity involves manufacturing like making cars and steel. Tertiary activities include providing services such as trade, transport, financial operations, business services, personal services, accommodation and food service activities, real estate, education, health etc.

Chad Hurley, Jawed Karim and Steve Chen
YouTube is a global online video sharing and social media platform owned by Google. It was launched on February 14, 2005, by Steve Chen, Chad Meredith Hurley, and Jawed Karim.

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Chad Hurley, Jawed Karim and Steve Chen
YouTube is a global online video sharing and social media platform owned by Google. It was launched on February 14, 2005, by Steve Chen, Chad Meredith Hurley, and Jawed Karim.

Kevin Systrom
Instagram is a photo and video sharing social networking service owned by American company Meta Platforms. Instagram was originally co-founded by Kevin Systrom and Mike Krieger on 6 October 2010.

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Kevin Systrom
Instagram is a photo and video sharing social networking service owned by American company Meta Platforms. Instagram was originally co-founded by Kevin Systrom and Mike Krieger on 6 October 2010.

Jan Koum
WhatsApp, also called WhatsApp Messenger is an internationally available freeware, cross-platform, centralized instant messaging (IM) and voice-over-IP (VoIP) service owned by US tech conglomerate Meta. WhatsApp was founded in February 2009 by Brian Acton and Jan Koum, former employees of Yahoo!.

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Jan Koum
WhatsApp, also called WhatsApp Messenger is an internationally available freeware, cross-platform, centralized instant messaging (IM) and voice-over-IP (VoIP) service owned by US tech conglomerate Meta. WhatsApp was founded in February 2009 by Brian Acton and Jan Koum, former employees of Yahoo!.

Lawrence Edward Page and Sergey Mikhailovich Brin.
Google LLC is an American multinational technology company focusing on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were PhD students at Stanford University in California.

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Lawrence Edward Page and Sergey Mikhailovich Brin.
Google LLC is an American multinational technology company focusing on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were PhD students at Stanford University in California.