WG-4.6 Final Exam Review-Political & Economic Patterns-50 Q

A valid conclusion that can be made is that nations with a low capita GNP supported by the graph- WG.5B 

• greater life expectancy 
• greater public expenditure on health per capita 
• a high infant mortality rate 
• a high adult literacy rate

Which problem faces many of the least developed nations today? WG.5B 

• Too many varieties of crops are being grown. 
•  A malnourished population exists on a high-calorie diet
• An excessive amount of investment capital is available. 
• C.  Low literacy rates limit economic development. 

A nation’s level of economic development may be measured by its Gross National Product (GNP). Less developed countries would have a low GNP because— WG.5B

• they are nations that are in debt 
• they have sophisticated technology 
• many are mainly agricultural 
• they have international trade partners

In many of the world’s newly industrialized nations, improvements in life expectancy and health care have contributed to—WG.5B 

• population pressures limiting economic development s
• an increase in the number of diseases and epidemics 
• a reduction in the need for agricultural land reform 
• having no impact in the income for all citizen

Which pair of countries in the chart would most likely be categorized as “more developed” or as having “very high human development” on the Human Development Index?  (WG.5B)

• Countries A and C 
• Countries B and C 
• Countries A and D 
• Countries B and E

*A system in which decisions regarding the production and distribution of goods are made by a central authority is known as a (WG.10A) 

• Command economy
•  Mixed economy
•  Socialist economy 
• Traditional economy

*In which economic system do market mechanisms most affect the price of goods and services, with only limited involvement from a central authority? (WG.10A) 

• Command 
• Socialist 
• Free enterprise 
• Traditional

Retail and customer service are examples of ______ economic activity, which is more heavily concentrated in _____ economies. (WG.11A)

• Primary, less developed 
• Tertiary, newly industrialized 
• Tertiary, more developed 
• Secondary, more developed

Which heading best completes the partial outline below? (WG.10A)
I. ______________________
-Interaction of supply and demand
-Profit motive
-Entrepreneurship  

• Types of Economic Systems 
• Characteristics of a Free Enterprise Economy 
• Structure of a Socialist Economic System
• Cottage Industries

*The BRICS economies (Brazil, Russia, India, China, and South Africa) are all examples of (WG.11A)*

• More developed countries
• Less developed countries
• Newly industrialized countries
• Underdeveloped countries