What are the two broad types of economic activity found in New Jersey? » Grade 8 U.S. Economy MCQ » MCQ Academy

U.S. Economy

What are the two broad types of economic activity found in New Jersey?

Only exports and imports
Only public and private schools
Only farms and forests
Goods-producing and service-providing activities

Only exports and imports
Only public and private schools
Only farms and forests
Goods-producing and service-providing activities

Note

New Jersey's economy contains both goods-producing industries and service-providing industries.

Goods-producing industries make tangible products; service providers perform activities for customers. Both contribute to employment and economic output.

Tags: New Jersey Economy, New Jersey Facts

Note

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