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    Full Day School Third Term Exam 2018 Entrepreneurship Grade 7

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    Ne Pa
    This document contains a full day school third term exam for entrepreneurship grade 7. The exam contains 6 sections testing knowledge of key entrepreneurship concepts. Section 1 has 10 fill-in-the-blank questions testing definitions. Section 2 has 10 matching questions pairing concepts with their definitions. Section 3 requires classifying 5 examples as either man-made or natural resources. Section 4 asks to explain 5 terms. Section 5 contains 10 true/false questions. Section 6 requires selecting whether 5 resources are renewable or non-renewable. The exam tests a range of foundational entrepreneurship topics in a short time of 1 hour and 30 minutes.

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    Full Day School Third Term Exam 2018 Entrepreneurship Grade 7

    Uploaded by

    Ne Pa
    657 views4 pages
    This document contains a full day school third term exam for entrepreneurship grade 7. The exam contains 6 sections testing knowledge of key entrepreneurship concepts. Section 1 has 10 fill-in-the-blank questions testing definitions. Section 2 has 10 matching questions pairing concepts with their definitions. Section 3 requires classifying 5 examples as either man-made or natural resources. Section 4 asks to explain 5 terms. Section 5 contains 10 true/false questions. Section 6 requires selecting whether 5 resources are renewable or non-renewable. The exam tests a range of foundational entrepreneurship topics in a short time of 1 hour and 30 minutes.

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    entrepreneur grade 7

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    This document contains a full day school third term exam for entrepreneurship grade 7. The exam contains 6 sections testing knowledge of key entrepreneurship concepts. Section 1 has 10 fill-in-the-blank questions testing definitions. Section 2 has 10 matching questions pairing concepts with their definitions. Section 3 requires classifying 5 examples as either man-made or natural resources. Section 4 asks to explain 5 terms. Section 5 contains 10 true/false questions. Section 6 requires selecting whether 5 resources are renewable or non-renewable. The exam tests a range of foundational entrepreneurship topics in a short time of 1 hour and 30 minutes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    657 views4 pages

    Full Day School Third Term Exam 2018 Entrepreneurship Grade 7

    Uploaded by

    Ne Pa
    This document contains a full day school third term exam for entrepreneurship grade 7. The exam contains 6 sections testing knowledge of key entrepreneurship concepts. Section 1 has 10 fill-in-the-blank questions testing definitions. Section 2 has 10 matching questions pairing concepts with their definitions. Section 3 requires classifying 5 examples as either man-made or natural resources. Section 4 asks to explain 5 terms. Section 5 contains 10 true/false questions. Section 6 requires selecting whether 5 resources are renewable or non-renewable. The exam tests a range of foundational entrepreneurship topics in a short time of 1 hour and 30 minutes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    FULL DAY SCHOOL

    THIRD TERM EXAM 2018


    Entrepreneurship Grade 7

    Total 80 MARKS
    DURATION: 1 HOUR 30 MIN
    ANSWER ALL QUESTIONS

    1. Fill in the blanks


    (a). An _____________________ is an individual who rather than working for someone else
    runs an entrepreneur with expectation of making profit.
    (b). _____________________ is paid at the end of each month for the work that people do.
    (c). _____________________ are what we desire or wish for but which we can survive
    without.
    (d). A ____________________ is something you cannot do without.
    (e). A _____________________ is someone who buys products for his/her personal use.
    (f). A ______________________ is someone who purchase goods or services.
    (g). ____________________ are goods that can be used many times i.e. over and over.
    (h). A ____________________ is a good which satisfies human wants through its direct
    consumption or use.
    (i). Goods are _________________, that is, they can be seen and touched.
    (j). A _________________ is someone who sells items for profits
    (20 MARKS)

    Wants, seller, durable goods, salary, consumer, needs, entrepreneur, consumer goods,
    buyer, tangible

    1
    2. Match phrases in list A with list B.
    LIST A LIST B

    A market Is something you cannot do without.

    Profit are Is someone who works for another person to


    earn a living.

    A want Consists of any form of income such as wage


    or profit.

    Man-Made resources Is a good or service provided by the


    government.

    An employee Involves the extraction of raw materials from


    nature.

    Tertiary sector Is something you desire.

    The Primary sector Are created by human beings.

    A need Are monetary rewards to entrepreneurs.

    A public good Is also known as service sector.

    Revenue Is any place where goods and services are


    bought and sold.

    (20 MARKS)

    3. Classify the following into man made or Natural resources.

    2
    Soil, machine, timber, fish, tractor, fishing boat, table, sand, mobile phone, sunlight

    Man-made Natural Resources


    1.

    2.

    3.

    4.

    5.

    (10 MARKS)

    4. Explain the following terms:


    a. Primary sector…………………………………………………………………………………..
    ……………………………………………………………………………………………………..
    b. Secondary sector…………………………………………………………………………………
    ………………………………………………………………………………………………………
    c. Tertiary Sector……………………………………………………………………………………
    ………………………………………………………………………………………………………
    d. Producer goods…………………………………………………………………………………..
    ………………………………………………………………………………………………………
    e. Physical effort……………………………………………………………………………………
    ………………………………………………………………………………………………………
    (15 MARKS)

    5. Answer by True or False


    i. Wage is usually paid on hourly or week basis.

    3
    ii. A want is something you cannot do without.
    iii. A car is a need.
    iv. Education is a basic need.
    v. Consumption is the process of buying or using the good.
    vi. Fresh fish, lobster, crabs are examples of natural resources.
    vii. Man made resources are created by the nature.
    viii. The tertiary sector is also known as the service sector.
    ix. The reward for land is rent.
    x. Land is a man made resource.
    (10 MARKS)

    6. Tick the correct answer.

    RESOURCES RENEWABLE NON RENEWABLE


    Sunlight
    Rain water
    Fish in the ocean
    fuel
    soil
    (5 MARKS)

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