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Social Studies
7th
grade
Economics in Southern and Eastern Asia Studies Weekly
10 questions
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- 1. Multiple Choice
Why do countries impose tariffs?
to keep imported goods from being cheaper than similar goods produced in that nation
to punish that nation's government for political power
to keep local goods from being cheaper than imported goods
to make sure all goods are priced equally regardless of where they come from
- 2. Multiple Choice
Why do countries impose embargos?
to keep imported goods from being cheaper than similar goods produced in that nation
to punish that nation's economy for political power
to keep local goods from being cheaper than imported goods
to make sure all goods are priced equally regardless of where they come from
- 3. Multiple Choice
What effect does a rising literacy rate have on South Asia?
a more complex system of governments and economies with higher quality of life
a less complex economy and a stable quality of life
a more complex government with falling quality of life
no impact on South Asia
- 4. Multiple Choice
What has harmed some of South Asia's most valuable natural resources?
pollution and waste
underuse
difficulty accessing them
currency exchanges
- 5. Multiple Choice
India's economy is
one of the largest in the world with a mix of market and traditional
one of the world's most struggling economies
the largest economy in the world
mainly a traditional economy
- 6. Multiple Choice
Why are nations imposing embargos on North Korea?
to force the government of North Korea to change their policies
to protect the price of domestic goods
to allow North Koreans free trade within their own nation
to punish China for helping North Korea
- 7. Multiple Choice
What impact does a low literacy rate have on a nation? CHOOSE 2...
little economic development
high unemployment
lots of economic development
lower unemployment
increased GDP
- 8. Multiple Choice
What have nations in Eastern Asia with high literacy rates done to improve their economies?
focused on education and kept up with technology
focused on natural resources
focused on military expansion and environmental exploitation
focused on embargos and other trade barriers
- 9. Multiple Choice
What types of things are East Asian nations focusing on to promote economic growth? CHOOSE 2
education
technology training
natural resources
pollution
trade wars
- 10. Multiple Choice
Which economy in Eastern Asia could be described as a Command Economy?
North Korea's
South Korea's
Japan's
China's
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