MCQ Quizzes of the Day - 2023-03-23

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.

---

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.

John Maynard Keynes

---

John Maynard Keynes

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

---

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

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.

---

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.

Microeconomics

---

Microeconomics

Adam Smith

---

Adam Smith

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.

---

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.