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40 questions
Measuring GDP can provide information about?
Economic progress over time
Cancer rates over time
Government corruption over time
Number of child deaths over time
Which would not be a way countries could invest in building human capital?
Training more teachers
Providing free shots and vaccines to children
Offering technology classes to adults
Building an oil factory
The more capital goods a country has...?
the more poverty the country has.
the more goods and services a country can produce.
the more people struggle to read and write.
the more corruption they have in government.
To encourage economic growth and raise the living standards of its citizens, there must be _____________________ in human capital and _______________ goods.
investments; capital
entrepreneurs; resource
embargoes; human
quotas; capital
Economic growth is measured in increases in ___________ over time.
HDP
humans
GDP
resources
To increase economic growth and GDP over time requires investments in both capital (factories, machines) and ________________ capital (education, training, skills of labor force).
resource
quota
human
mineral
Israel's economy is mixed and is _____________ advanced.
minerally
resource
diamond
technologically
Who own and controls the economy in Israel?
the government has total control
the government has no control
private businesses and the government both control the economy
only private businesses are involved in the economy
Which is true of Israel?
it has a command economy
it has an dictator as a leader
it has lots of oil and many natural resources
it has very little oil and very few natural resources
About what percent of Israel's land is arable?
100%
75%
50%
14%
Many jobs in Israel are in the ___________ sector, which includes _____________ and ______________.
service; banking and tourism
oil; drilling and mining
forestry; lumber and construction
labor; factories and drilling
Israel is known for inventing many technological advances in what industry/business?
oil
mining
agriculture
mineral
Students in Israel must attend school for what ages?
7-15
8-18
5-18
5-16
About what percent of people in Israel are unemployed?
13.9%
5%
3.6%
1.4%
Israel's GDP is ranked ________ in the world.
75th
48th
36th
18th
What is one struggle facing Israel's economic development?
They don't have many natural resources.
They have too many natural resources.
They don't have enough educated workers.
They don't have enough factories.
Turkey's economy can best be described as?
command
diverse
100% market
becoming more democratic
Which best describes the Turkish government?
Moving closer to democracy.
Moving closer to autocracy.
Moving closer to monarchy.
Moving closer towards mercantilism.
Which is true of Turkey?
Turkey has a command economy.
Turkey has no corruption in government.
Turkey allows people to own private property.
Turkey has a king who controls their oil.
Which is closest to the amount of arable land available in Turkey?
5%
25%
55%
85%
Which is not true of Turkey's Industries?
Turkey is a popular tourist destination.
The service industry is important to Turkey.
Textile production is one of the leading industries in Turkey.
Turkey has 50% of the world's oil supply, which they sell to America.
What is the literacy rate for men in Turkey?
50%
69%
73%
98%
About what percent of Turkey's people live in poverty?
1 in 2
1 in 4
1 in 10
1 in 20
Which is not a struggle facing Turkey's economic development?
The King keeps the majority of tax income to modernize his palaces.
Government leaders are corrupt.
Leaders in the country are causing war/conflict with neighboring countries.
Leaders hire friends and family for important jobs even if they aren't qualified.
Which describes Saudi Arabia's economy?
command with some characteristics of a market economy
mixed but the king makes many economic decisions
democracy with a president controlling the oil
traditional with a Prime Minister deciding who to sell textiles to
Why is Saudi Arabia dependent on oil?
Its the natural resource they have to buy from Israel.
Its the natural resource they have a lot of and can sell to other countries.
Its a natural resource which will last forever so they drill as much as they can.
Its a natural resource that is cheap so they sell just a little bit.
About what percent of Saudi Arabia's land is arable?
1-2%
10-15%
25%
33%
Which is not produced in Saudi Arabia's factories?
polished diamonds
plastics
crude oil
fertilizers
While oil is important to the Saudi economy, what other industry is growing?
diamond cutting
democratic government jobs
tourism
free press and journalism
Is there a difference in Saudi Arabia between the male and female unemployment rates?
No, they're the same.
Yes, more men are without a job (unemployed).
Yes, more women are without a job (unemployed).
Which best describes poverty in Saudi Arabia?
They have the highest poverty rate in the Middle East.
They have about the same amount of poverty as the other countries in the Middle East.
They have the lowest poverty rate in the Middle East.
Due to their command economy, no one is in poverty.
Which is true of how the Saudi government is trying to improve the economy?
Import more diamonds from Africa.
Allow more private businesses.
Become a democratic country without a royal family.
Force all people to work for the government.
This measures the average number of years a person is expected to live...
Infant Mortality Rate
Fertility Rate
GDP
Life Expectancy
This measures the number of adults who can read and write in a society...
Adult Literacy Rate
Infant Mortality Rate
Fertility Rate
Life Expectancy
This measures the number of infant deaths per 1,000 births...
Fertility Rate
Life Expectancy
Infant Mortality Rate
GDP
What is the best definition of poverty?
Having more than enough to meet your basic needs
Not being able to afford new clothing
Not having enough money to meet basic needs including food, clothing and shelter
Being homeless, not having food and wearing old clothes.
Which Economic Indicators would countries prefer to be high?
I- Adult Literacy
II- Life Expectancy
III- Infant Mortality
IV- Percent of Children in School
I only
II and III only
I and IV only
I, II, and IV
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