Review Economy --Show me the money!!

Review Economy --Show me the money!!

Assessment

Assessment

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Social Studies

6th Grade

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39 questions

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1.

MULTIPLE CHOICE

2 mins • 1 pt

Which of the following is NOT a question that all economies must answer?

2.

MULTIPLE CHOICE

2 mins • 1 pt

What was the main reason for creating the European Union?

3.

MULTIPLE CHOICE

2 mins • 1 pt

What is one benefit of the euro in the European Union?

4.

MULTIPLE CHOICE

2 mins • 1 pt

What is an advantage of specialization?

5.

MULTIPLE CHOICE

2 mins • 1 pt

Which is a way that entrepreneurs help increase a country's GDP?

6.

MULTIPLE CHOICE

2 mins • 1 pt

Which of the following statements best describes the effect of a literacy rate?

7.

MULTIPLE CHOICE

2 mins • 1 pt

What is a tax on imported goods called?

8.

MULTIPLE CHOICE

2 mins • 1 pt

Why do countries need to exchange currencies?

9.

MULTIPLE CHOICE

2 mins • 1 pt

Only 25,000 cars are allowed to be imported into Japan. Which of the following trade barriers is being described?

10.

MULTIPLE CHOICE

2 mins • 1 pt

The United Kingdom Customs service has found toxic paint in toys imported from a Chinese toy-making company. These toys are intended for sale in the UK. What type of trade barrier would guarantee that no child in the UK would be exposed to the deadly lead-based paint?

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