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27 questions
In a market economy, who or what determines prices of goods and services?
government
industrial output
supply and demand
religious beliefs
What continent are MOST primary economies located?
Europe
Asia
Africa
North America
Out of the following countries, who would have the highest standard of living?
Mexico
Somalia
Afghanistan
Japan
If you grew up on a farm in West Texas, would type of economic activities would you most likely participate in?
Primary
Secondary
Tertiary
Quaternary
Cities such as St. Louis and New Orleans were established along the Mississippi River MOSTLY to —
establish protection from hurricanes
generate electricity from water power
guarantee access to trade routes
provide protection from competitive markets
Which of these is the most likely result of a well-planned national transportation network?
Government ventures are more profitable.
Consumers have access to a wider variety of products.
Damage to fragile items is minimized.
Raw materials are more difficult to get to market.
Which factor posed the greatest challenge to developing natural resources in Siberia?
Severe drought limited agricultural production on arable land.
Limited access to water prevented the establishment of large cities.
The employment of seasonal laborers reduced annual output quotas.
The harsh climate hindered the establishment of permanent settlements.
Out of the following countries, who would have the lowest standard of living?
Canada
Liberia
New Zealand
South Africa
-Destruction of the Aral Sea
-Restrictions on Japanese fishing
-Control of water use on the Jordan River
All of the above are the result of which of the following?
Pollution of the natural environment
Political policies of underdeveloped nations
Economic policies related to use of resources
Social policies to prevent desecration of resources
What was the name of the 18th and 19th century trade route that shifted goods and people between Europe, Africa, and the Americas?
Rectangular Trade
Circular Trade
Triangular Trade
Spherical Trade
The rapid growth of technology in the U.S. has had positive effects on all of the following EXCEPT
the economy
medical community
the environment
communications
-Depends on supply and demand
-Common in developed countries
-Farmers raise goods that give the most profit
These factors describe what type of agriculture?
Cottage agriculture
Market agriculture (agribusiness)
Subsistence agriculture
Slash and burn agriculture
Countries with high standards of living have all of the following EXCEPT--
Low infant mortality rates
High literacy rates
Short life expectancy
Long life expectancy
Ruviland is half the size of the United States but has twice the population. It is primarily an agrarian society, though it has growing industries in its two largest cities. Per capita income is about $4,000. Unemployment is relatively high. After decades of civil wars, Ruviland established a democracy only two years ago. The new government of Ruviland plans to establish a public school system that will educate all young people.
Ruviland is a _____________ country.
developing
third world
more developed
first world
More Developed Countries (MDCs) use _________ of the worlds energy.
5%
10%
25%
50%
This sector of the economy includes major universities and research institutions.
Primary
Secondary
Quaternary
Quinary
This sector of the economy adds value to natural resources by transforming raw materials into valuable products.
Primary
Secondary
Tertiary
Quaternary
This sector of the economy contains the highest level of decision makers known as "gold collar" professions.
Secondary
Tertiary
Quaternary
Quinary
These were invented to transport oil. You find them mostly in Alaska, but are now all over North America. They were needed so that transporting oil can take place even in very bad weather. What are they?
18 wheel trucks
pipelines
helicopters
railroads
What industry would be most affected by hybrid cars?
Water industry
Solar industry
Oil industry
Natural gas industry
Which of the following is one MAIN factor in deciding where railroad tracks are built?
Tree lines
Hiking trails
Location of markets
Location of reservoirs
A local government's decision to ask people not to water their lawn during a drought is an example of understanding ______________
globalization
scarcity
interdependence
renewable resources
Political tensions between Bangladesh and India were strained over climate related issue that dealt with
Flood relief along the Ganges River
Water treatment along the Ganges River
Building a dam on the Feni River
Water rights along the Ganges River
The international agreement not to mine mineral resources in Antarctica is an example of understanding the need to protect
economic interdependence
globalization
the environment
the scarce population
What country is NOT part of NAFTA?
Mexico
Honduras
United States
Canada
This is when company relocates a piece (or all)
of its manufacturing operations to factories in other
countries due to cheaper resources/labor
job shipping
outsourcing
resourcing
layoffs
In 1849, large deposits of _________ encouraged Americans to move west to California.
fresh water
diamonds
avocados
gold
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