Download Verifica orale Economic Activity and Business Trade

Progetto Clil - DIRITTO ed ECONOMIA DELL’AZIENDA
Oral Test
Economic activity
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Which is the economic sector most related to primary needs?
Can you give me two or more examples of companies operating in the secondary sector?
What is the problem of relative scarcity affecting all the world’s economies?
Could you explain the difference between the public sector and the private sector of the
economy? (=businesses controlled by the government ….)
5. Tell me: what economic sector do the following businesses belong to?
6. Why can’t AGIP SpA be considered a primary sector company?
7. Give a definition of Consumption
8. Can you give me some examples of needs and wants?
9. Let’s talk about the relationships that may exist between families and for profit enterprises.
10. What does Government provide citizens with?
11. How do Nonprofit Organisations raise money for their activities?
12. Give your definition of service.
13. What do we mean by utility of goods?
14. How do we get finished products?
Business and trade
Comment on the sentence:”All the things that can be bought are goods”.
What is the activity of buying and selling things in business called?
What attributes must goods have to be classified as commercial?
How do economists define the market?
Comment on the sentence: “Monopoly is a kind of market where price and quantity are
fixed by only one subject”
6. Give an explanation of how a free competion market works.
7. Starting from the definition of oligopoly, give some examples of well-known companies
operating in an oligopolistic market.
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Supply and demand
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How do we obtain the aggregated demand?
Describe the way the free market forces achieve the price-quantity equilibrium.
What are the factors influencing the supply (demand) of goods?
What is your opinion on the elasticity of supplied goods?
How does the cost of materials affect the supply of manufactured goods?
How does a single consumer behave when the price of certain goods drop?
Comment on direct and inverse relations in the law of supply and demand.