Have an account?
Skip to Content
Introducing new Paper mode
No student devices needed. Know more
17 questions
Show Answers
See Preview
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following accurately describes the
British government?
It is only a constitutional monarchy and an
autocracy.
It is only a parliamentary democracy and an
autocracy.
It is a presidential democracy and a
constitutional monarchy.
It is a parliamentary democracy and a
constitutional monarchy.
- Multiple ChoicePlease save your changes before editing any questions.
What types of economies do the modern states
of Germany and Russia have?
mixed economies
traditional economies
- Multiple ChoicePlease save your changes before editing any questions.
Germany specializes in the production of
automobiles. Based on this information, which
statement is MOST LIKELY correct?
Germany sells automobiles to domestic
consumers for very low prices.
Germany has a low gross domestic product and
high unemployment.
Germany can produce automobiles more
efficiently than other countries.
Germany has no natural resources that other
countries demand.
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following BEST completes the Box 3
in the diagram above?
Tariffs
Subsidies
Standards
Embargoes
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following BEST completes the Box 1
in the diagram above?
Tariffs
Subsidies
- Multiple ChoicePlease save your changes before editing any questions.
High literacy rates are usually correlated with
high standards of living.
low standards of living.
low income tax rates.
- Multiple ChoicePlease save your changes before editing any questions.
What should a government do to increase literacy
rates in its country?
reduce economic barriers to foreign trade
invest in the human capital of its people
promote the creation of numerous unskilled jobs
encourage companies to invest in capital goods
- Multiple ChoicePlease save your changes before editing any questions.
What is true about specialization?
A factory can produce more goods in less time
for less money because their workers know very
well how to do a specific job.
Factories CANNOT produce goods quickly
because their workers are constantly being
moved asked to learn new positions.
Businesses will be quicker in selling their
products in spite of the fact that their workers
are disorganized.
Workers do NOT become experts in their jobs
because they are not well trained.
- Multiple ChoicePlease save your changes before editing any questions.
A student decides to open his own lemonade
stand in order to make money to buy an Xbox.
This is an example of:
Human Capital
Entrepreneur
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following countries has the least
freedom to do business?
Brazil
Canada
About the same in each
Cuba
Mexico
- Multiple ChoicePlease save your changes before editing any questions.
In which type of economic system does the
government control what a factory produces and
what price it will charge for those products?
Mixed
Traditional
Market
Command
- Multiple ChoicePlease save your changes before editing any questions.
In which system of government does the
legislature elect the head of government?
Parliamentary democracy
Oligarchy
Autocracy
- Multiple ChoicePlease save your changes before editing any questions.
What three economic questions are asked when
studying the similarities of traditional, command,
and market economies?
What is your opportunity cost, why are economic
resources needed, and when should these
resources be used?
What is your opportunity cost, what economic
resources needed, why should these resources
be used?
What to produce, how to produce, and for whom
to produce?
What to produce, why to produce, and when to
produce?
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following describes the government
of Mexico?
Parliamentary Democracy
Presidential Democracy
Autocratic
- Multiple ChoicePlease save your changes before editing any questions.
Which factor is the MOST important to consider
when determining whether a government is a
presidential democracy or a parliamentary
democracy?
the separation between executive and judicial
power in the government
whether citizens vote directly on laws or through
elected representatives
the separation between executive and legislative
power in the government
whether citizens are constitutionally guaranteed
the right to run for public office
- Multiple ChoicePlease save your changes before editing any questions.
Does Brazil or Cuba have a more favorable
economic system for entrepreneurs? Why?
Brazil, because the Brazilian government
directly controls almost all industries in Brazil.
Cuba, because the Brazilian government directly
controls almost all industries in Brazil.
Brazil, because the Cuban government directly
controls almost all industries in Cuba.
Cuba, because the Cuban government directly
controls almost all industries in Cuba.
- Multiple ChoicePlease save your changes before editing any questions.
What is typically true in a single-party state like
Cuba?
The views of citizens are not truly represented in
government.
Local governments play a large role in
governance.