Topic

Economic Structure

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Quizzes in Economic Structure for HSC

U.S. Economy

How can a specialized financial sector affect a small state’s economy?

  • It prevents the state from having other industries
  • It makes population and GDP the same measure
  • It automatically lowers GDP to zero
  • It can make total GDP large relative to population
Correct answer(s):
  • It can make total GDP large relative to population
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U.S. Economy

Which statement best summarizes Delaware’s economy?

  • New Jersey’s economy is diversified beyond finance even though finance remains unusually important
  • Maryland’s economy is diversified beyond finance even though finance remains unusually important
  • Delaware’s economy is diversified beyond finance even though finance remains unusually important
  • Virginia’s economy is diversified beyond finance even though finance remains unusually important
Correct answer(s):
  • Delaware's economy is diversified beyond finance even though finance remains unusually important
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U.S. Economy

Which statement best describes Colorado’s economic structure?

  • Only mining exists
  • Knowledge industries coexist with tourism, resources, agriculture, manufacturing, and government
  • Only technology exists
  • Only agriculture exists
Correct answer(s):
  • Knowledge industries coexist with tourism, resources, agriculture, manufacturing, and government
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