2nd 9 weeks review

Front

The value of all goods and services a country produces in a single year is the —

Back

gross domestic product

Front

A __________ is characterized by rule based on religious authority.

Back

Theocracy

Front

Which level of economic activity is represented by the growing of cotton? Options: Primary, Secondary, Tertiary, Quaternary

Back

Primary

Front

Which term best describes the political system in North Korea? Options: Monarchy, Democracy, Totalitarian, Federal Republic

Back

Totalitarian

Front

Which term best describes a farming approach where the primary goal is to feed the farmer's family, with little surplus for sale, often characterized by manual labor and traditional methods?

Back

Subsistence Farming

Front

Which impact BEST completes the chart on the Impacts of Globalization? Options: Cultural divergence, Decline in international trade, Cultural convergence, Increased local job opportunities

Back

Cultural convergence

Front

Compared to a less developed country, a newly industrialized country would likely have more —

Back

manufacturing

Front

Which option correctly describes the primary difference between a cottage industry and a commercial industry?

Back

Cottage industries are small-scale, home-based operations, while commercial industries operate on a larger, more formal scale.

Front

Which economic system is characterized by private property, market competition, and limited government intervention?

Back

Free Enterprise Economic System

Front

Which type of governments would have the authority to control prices, set wages, and determine supply and demand? Options: Democracy, constitutional monarchy; Theocracy, democracy; Communist, dictatorship, absolute monarchy; indirect democracy, constitutional monarchy

Back

Communist, dictatorship, absolute monarchy