Miscellaneous Economics Mcqs

A. poor
B. black
C. Catholic
D. urban

A. formal organizations are the same as institution
B. formal organizations are based on groups of people
C. institutions are groups of people
D. institutions are voluntary

A. oligarchy
B. economic institution
C. public institution
D. total institution

A. produce useful things
B. serve the practical purposes of their owners
C. provide useful services to the community
D. provide material benefits in exchange for work

A. leadership structure
B. full-time employees
C. bylaws and body of officers
D. appearance to its general public

A. underlies both competition and coercion
B. is diametrically opposed to competition
C. is a hostile form of struggle?
D. all of the above

A. was the first of three such revolution
B. entailed the harnessing of electricity
C. involved a change in farming techniques
D. all of the above

A. industrial societies
B. agricultural societies
C. pastoral societies
D. horticultural societies

A. the family
B. the military
C. ones in-group
D. society

A. they cannot exist in secondary groups
B. they are always harmonious
C. the family is the only source of primary relation
D. all of the above