class work sheet introduction chapter

1. Class Work Sheet
1.
(a) Production is any activity which serves to satisfy ………………………………
(1)
(b) The activities which make up commerce are………………………………………
and………………………………………
(2)
2.Give three advantages of using specialization of labour in production.
1……………………………………………………………………………………………
2……………………………………………………………………………………………
3……………………………………………………………………………………………
(3)
3.Give three examples of Aids to trade
1……………………………………………………………………………………………
2……………………………………………………………………………………………
3……………………………………………………………………………………………
(3)
4.The chain of production is complete only when goods are in the hands of the
……………………………………… (1)
4. Name the branch of production into which each of the three types of business will fall
• Manufacturer…………………………………
• Whole salers…………………………………..
• Large retail business ………………………….
(3)
5. Commercial and direct services form the …………………………..branch of production.
(1)
6. Match each one of the four following to their correct kind of commercial-service:
Finance, advertising, wholesalers, importers.
Commercial Activity Form of Trade
Trade ……………………………….
Aids To trade …………………………………

2. 7. Another name for the specialization is……………………………………………………………