Government and Economics

What type of government controls all aspects of life for its citizens?

• Democracy
• Republic
• Constitutional Monarchy
• Communism

What is a standard of living?

• the amount of food available to a group of people
• the amount of electricity available to a group of people
• level of wealth and resources available to a certain socioeconomic class in a certain geographic area
• the average amount of money available to a group of people

What is a set of laws that protect the citizens of a country?

• Emancipation
• Constitution
• Institution
• Hammurabiation

What is the term for the availability of an item?

• services
• supply
• demand
• stocks

What term describes why gas prices may be a better deal in 2016 than in 1950?

• deflation
• inflation
• stagflation
• regurgitation

Which type of government is most likely to protect the rights of its citizens?

• democracy
• theocracy
• facism
• communism

^{What does the "O" in OPEC stand for?}

• Office
• Oil
• Oligarchy
• Organization

The early African kingdom of Ghana’s gold and salt trade would be an example of which type of economic practice?

• traditional
• command
• market
• mixed

China is unique in that, although they have a __________________ type of government, they are considered to use a ________________ type of economic system.

• democracy, mixed
• communism, mixed
• oligarchy, command
• communism, command

Which economic system experiences the least amount of government interference?

• traditional
• command
• market
• mixed