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- 1. Multiple ChoiceWhich of the following is the best example of Outsourcing?An El Salvadorian immigrant illegally immigrates to the USA to find workAn American Tech Company fires it's American Employees and hires people in Bangladesh to do the same job for 1/4 the costA European worker moves to the USA and gets a high paying job at a tech company.An American company decides to change it's steel contracts from Japanese companies to Chinese companies
- 2. Multiple ChoiceWhat allowed for the creation of Maquiladoras?NAFTANATOANSEANHDI
- 3. Multiple ChoiceWhich of the following is NOT a textile?PantsBlanketShirtWrapper
- 4. Multiple ChoiceWhich of the following people best fits the classification of an entrepreneur?A College student studying BusinessA Doctor who gets hired at a hospital that does medical researchA farmer who decides to give into the economic advantages and uses GMO seeds for the first time.A person who pitches their idea for a new business on the TV show Shark Tank
- 5. Multiple ChoiceWhich statistic tells you how much money a country makes?HDIPPPGNPWTO
- 6. Multiple ChoiceWhich of the following is NOT infrastructure?RoadsElectrical cablesPublic ParksAir Ports
- 7. Multiple ChoiceUnder which economic system are most countries in the world today?CommunismCapitalismSocialismHodaism
- 8. Multiple ChoiceWhich country would be most likely to advertise Ecotourism?South KoreaCosta RicaChinaNetherlands
- 9. Multiple ChoiceWhy do most restaurants clump together in shopping malls and on busy street corners?AgglomerationEase of AccessMore CapitalLaws of Location
- 10. Multiple ChoiceWhere was the hearth of the Industrial revolution?GermanyUSARussiaEngland
- 11. Multiple ChoiceWhy does Coca-Cola have bottling plants all over the world and not just one major plant?Because Coca Cola is a Bluk Reducing IndustryBecause Coca Cola is a Bulk Gaining IndustryBecause Coca Cola is a Footloose industryBecause Coca Cola is a Basic Industry
- 12. Multiple ChoiceOf the four factors of production which one is Intangible?LandlaborCapitalEntrepreneurship
- 13. Multiple ChoiceWhat is NOT a change we can anticipate will happen to the global climate in the next 200 years?Temperatures will riseSea Levels will riseCO2 Levels will risePoverty Levels will rise
- 14. Multiple ChoiceWhich country has never experienced Industrialization?NetherlandsTaiwanGuineaUkraine
- 15. Multiple ChoiceWhich resource has produced the most energy over the last 200 years?UraniumCoalGasOil
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