Direct and Indirect Methods of Production

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What you'll practise (50 questions)

1. What is the difference between Direct and indirect production?
2. Define the term specialization and explain the various forms of specialization. (b) What are the advantages and disadvantages of specialization?
3. What is direct production?
4. What is indirect production?
5. Which of the following is an example of direct production?
6. Which of the following is an example of indirect production?
7. What is subsistence production?
8. What is commercial production?
9. Which of the following describes subsistence farming?
10. Which of the following describes commercial farming?
11. What is the main characteristic of direct production?
12. What is the main characteristic of indirect production?
13. What is the difference between direct and indirect production?
14. What is a disadvantage of direct production?
15. What is an advantage of indirect production?
16. What is the relationship between direct production and subsistence economies?
17. Which production method is associated with barter trade?
18. What is the role of division of labor in indirect production?
19. Which production method encourages the use of machinery?
20. What is cottage industry?
21. What is factory production?
22. Which of the following is a feature of direct production?
23. Which of the following is a feature of indirect production?
24. What is the impact of indirect production on trade?
25. What is the impact of direct production on trade?
26. What is the main goal of direct production?
27. What is the main goal of indirect production?
28. What is the relationship between direct production and division of labor?
29. What is the relationship between indirect production and division of labor?
30. Which production method is more efficient?
31. What is the role of money in indirect production?
32. Is money used in direct production?
33. What is the difference between a subsistence farmer and a commercial farmer?
34. Which production method is associated with self-sufficiency?
35. Which production method is associated with interdependence?
36. What is the relationship between direct production and economic development?
37. Which production method is typical of developed economies?
38. Which production method is typical of less developed economies?
39. What is the importance of indirect production in employment?
40. What is the importance of direct production in food security?
41. What is the role of technology in indirect production?
42. What is the role of technology in direct production?
43. What is the relationship between indirect production and globalization?
44. What is the relationship between direct production and local economies?
45. What is the effect of indirect production on prices?
46. What is the effect of direct production on prices?
47. What is the difference between a direct producer and an indirect producer?
48. What is the importance of marketing in indirect production?
49. Is marketing important in direct production?
50. What is the relationship between indirect production and competition?

Answer each question above to see the correct answer and a full explanation.