SS7E6 Notes

Multiple Choice

What does GDP stand for and what does it measure in a country's economy?

• Gross Domestic Product; it measures the total value of goods and services produced in a year.

• General Domestic Policy; it measures the political stability of a country.

• Global Development Percentage; it measures international trade.

• Gross Development Plan; it measures a country's infrastructure projects.

Multiple Choice

Which of the following best describes GDP per capita?

• The total value of goods and services produced in a country

• The average income per person in a country

• The total population of a country

• The amount of goods produced per person

Multiple Choice

Which of the following is NOT considered a natural resource?

• Land

• Forests

• Minerals

• Plastic

Multiple Select

Select all the products that are key exports of Israel according to the table.

• Fruits

• Electronics

• Oil

• Pharmaceuticals

Multiple Choice

Which of the following products is a key export of Saudi Arabia?

• Fruits

• Oil

• Cotton

• Automobiles

Multiple Choice

Which of the following is NOT an example of a capital good?

• Factory

• Machinery

• Technology

• Food

Multiple Choice

Which of the following best describes the main economic activity shown in the image of the Saudi Oil Refinery?

• Oil refining and processing

• Agricultural production

• Textile manufacturing

• Tourism

Multiple Choice

True or False: Countries that invest in education and training have a higher standard of living.

• True

• False

Multiple Choice

This country has more start-up companies than any other country in the world?

• Saudi Arabia

• Israel

• Turkey

• Afghanistan