PPLE PRACTICE EXAMINATION 2026
QUESTIONS WITH ANSWERS GRADED
A+
◍ Economics.
Answer: The study of how people seek to satisfy their needs and wants by
making choices
◍ goods.
Answer: Physical objects such as clothes or shoes
◍ Services.
Answer: Actions or activities that one person performs for another
◍ Producer.
Answer: A person, company, or country that makes, grows, or supplies
goods or commodities for sale
◍ Consumer.
Answer: A person who purchases goods and services for personal use
◍ income.
Answer: Earnings from work or investment, can be salary or hourly wage
◍ export.
Answer: A good or service produced in the home country and sold in
another country.
◍ import.
Answer: bring (goods or services) into a country from abroad for sale.
◍ Lenin.
Answer: The founder of the Russian Communist Party, leader of the 1917
Bolshevik Revolution, and the architect, builder, and first head of the Soviet
, Union.
◍ currency.
Answer: Coins and paper bills used as money
◍ international trade.
Answer: the exchange of goods and services among nations
◍ Bolsheviks.
Answer: Radical Marxist political party founded by Vladimir Lenin in 1903.
They eventually seized power in Russia in 1917.
◍ invest.
Answer: to put money into something to try to earn more money
◍ Nicholas II.
Answer: Last czar of Russia. He was killed by the Bolsheviks.
◍ October/November Revolution.
Answer: Bolsheviks led by Leon Trotsky and Lenin claimed power in name
of the soviets and proclaimed a full-scale revolution with support of workers
and troops
◍ agriculture.
Answer: the science or practice of farming, including cultivation of the soil
for the growing of crops and the rearing of animals to provide food, wool,
and other products.
◍ Manufacturing.
Answer: The process of making a raw material into a finished product;
especially in large quantities, using heavy machinery.
◍ Communism.
Answer: A political system in which the government owns all property and
dominates all aspects of life in a country.
◍ Industries.
Answer: a group of businesses that produce certain goods or services
QUESTIONS WITH ANSWERS GRADED
A+
◍ Economics.
Answer: The study of how people seek to satisfy their needs and wants by
making choices
◍ goods.
Answer: Physical objects such as clothes or shoes
◍ Services.
Answer: Actions or activities that one person performs for another
◍ Producer.
Answer: A person, company, or country that makes, grows, or supplies
goods or commodities for sale
◍ Consumer.
Answer: A person who purchases goods and services for personal use
◍ income.
Answer: Earnings from work or investment, can be salary or hourly wage
◍ export.
Answer: A good or service produced in the home country and sold in
another country.
◍ import.
Answer: bring (goods or services) into a country from abroad for sale.
◍ Lenin.
Answer: The founder of the Russian Communist Party, leader of the 1917
Bolshevik Revolution, and the architect, builder, and first head of the Soviet
, Union.
◍ currency.
Answer: Coins and paper bills used as money
◍ international trade.
Answer: the exchange of goods and services among nations
◍ Bolsheviks.
Answer: Radical Marxist political party founded by Vladimir Lenin in 1903.
They eventually seized power in Russia in 1917.
◍ invest.
Answer: to put money into something to try to earn more money
◍ Nicholas II.
Answer: Last czar of Russia. He was killed by the Bolsheviks.
◍ October/November Revolution.
Answer: Bolsheviks led by Leon Trotsky and Lenin claimed power in name
of the soviets and proclaimed a full-scale revolution with support of workers
and troops
◍ agriculture.
Answer: the science or practice of farming, including cultivation of the soil
for the growing of crops and the rearing of animals to provide food, wool,
and other products.
◍ Manufacturing.
Answer: The process of making a raw material into a finished product;
especially in large quantities, using heavy machinery.
◍ Communism.
Answer: A political system in which the government owns all property and
dominates all aspects of life in a country.
◍ Industries.
Answer: a group of businesses that produce certain goods or services
