11. Lesson 2(DOT)2(COLON) The Private, Public and Third Sectors

Lesson Focus — Quiz

Test your understanding of lesson focus with 5 practice questions.

Practice Questions

Question 1

Which sector of the economy primarily involves the extraction of natural resources?

Question 2

What is the term for the sector that includes services rather than goods?

Question 3

What type of sector is characterized by non-profit organizations that aim to provide social value?

Question 4

What is the practice of transferring ownership of a public service or public asset to the private sector called?

Question 5

Which sector is responsible for managing and providing public services such as education and healthcare?