Many governments have sold off businesses they previously owned to new owners in the private sector. This is called:
Privatisation
Industrialisation
Integration
Globalisation
Which of the following sector of industry provides services to consumers and the other sectors of industry?
Primary
Secondary
Tertiary
Quaternary
Free market economy is also known as:
Mixed economy
Market economy
Planned economy
Socialist economy
Conglomerate integration is also known as:
Diversification
Liberalisation
Profit is not always an aim of business in the:
Private sector
Public sector
Industrial sector
Service sector
Conglomerate integration is also known as.
None of these
When one firm merges with or takes over another one in the same industry at the same stages of production, it is termed:
Horizontal integration
Vertical integration
Conglomerate integration
A business which controls all of the market for a product.
Oligopoly
Duopoly
Monopoly
Monopsony
Which of the following is also called integration?
Internal growth
External growth
Factors of production
Which of the following economy has no government control over factors of production?
Command economy
Free market economy
