Name : ……………………………..……………………….

……… Grade : Seven

Answer The Following Questions

Q1. Choose the correct answer:

1. Many ………… activities that help make life in any city easier or more acceptable.
A. economic
B. planting
C. educational
2. Economic activities are categorized into ……… groups.
A. ten
B. fourteen
C. four
3. When people work in agriculture for the purpose of selling their products in markets,
activity will be called ………… farming.
A. organic
B. green
C. commercial
4. ………… is one of the most important natural resources which countries fight to own.
A. technology
B. cattle
C. oil
5. The importance of oil lies in its being a major source of…………… , fuel for
transportation, and petrochemicals which are used to produce plastic products.
A. electricity
B. gas
C. water
6. Oil today represents around …………. of the world's export. It is also a primary source
for international trade.
A. 70%
B. 7%
C. 17%
7. Countries which possess oil are amongst the …………in the world.
A. poorest
B. hottest
C. richest
8. Recent studies warn people about the need to find …………to oil since the available
quantities may not last for a period longer than100 years.
A. money
B. alternatives
C. gold
9. A ……………… economy appears basically in poor countries or in rural areas of countries.
A. traditional
B. mixed
C. market
10. A ……………… is a system which depends completely on the freedom of the individual
in terms of choices of products, services, and prices.
A. traditional
B. mixed
C. market
Q2. Complete the following statements:

1. In a ……………... system the government takes control of the country's economy.

2. The…………….. economy is a combination of all the economies.
3. In the case of a ……….…… economy, people depend on the supply and demand of
products in order to determine everything related to the products.
4. The second type of economic activity is the ………………………….. which depends on the
usage of raw materials in order to produce or manufacture more expensive products.
5. The Organization of the Petroleum Exporting Companies is an organization that
comprises ………………. members.

Q3. Put (T) for the correct statement and (F) for the false one:

1. The government of the United States is one of those governments that apply the
market economy throughout the country. ( )
2. All communist governments are examples of such a market system such as China,
Cuba, and North Korea. ( )
3. The last type of economic activities is called the quaternary activity. ( )
4. Oil is one of the most important natural resources which countries fight to own. ( )
5. The traditional economy is a system which depends completely on the freedom of the
individual in terms of choices of products, services, and prices. ( )