SE Asia History and Economy Benchmark

Why do the individual voters have more power in a democracy than they do in an autocracy or an oligarchy?

• Kings are always poor rulers.

• The voters get to choose the people who make laws.

• All of the power stays in the hands of the local governments.

• The voters in democratic countries always choose qualified leaders.

Which branch of government is responsible for making and carrying out the laws in a parliamentary system of government?

• courts

• monarch

• president

• legislature

The leader of a parliamentary system is chosen by

• the monarch or king.

• a popular vote of the people.

• a decision by the national courts.

• the political party with the most representatives in the legislature.

Which branch of government makes the laws in a presidential system of government?

• president

• legislature

• national courts

• both the president and the legislature together

What is one main difference between a president and a prime minister?

• A prime minister has more power than a president.

• A president has to be elected while a prime minister does not.

• A prime minister does not belong to a particular political party while a president always does.

• A president is in a separate branch of government while a prime minister is part of the legislature.

Which would be a problem for a country with a traditional economy?

• the supply of cash runs short in times of economic crises

• people find they can trade services more easily than goods

• a farmer having an especially good year with lots of grain to trade

• people need things and are unable to barter to obtain them

Who takes on the financial risks in starting a new business in a market economy?

• consumers

• government planners

• individual business people

• combination of government planners and individual investors

Why do most economies in the world today operate somewhere in between a market economy and a command economy?

• Government control makes a market economy more profitable.

• Most consumers prefer government control to a free market system.

• Government control of some aspects of the economy has never been successful in the modern world.

• Most economies have found they need a mix of free market and some government control to be successful and protect consumers.

The economy of China can best be described as

• mixed.

• autocratic.

• command.

• free market.

The Japanese economy has to make up for the country's lack of

• education.

• population.

• nuclear power.

• natural resources.