Europe Test Review- Units 1 & 2

Which of these is an example of a capital good?

• A computer used in an Apple store

• A university

• A table that's been manufactured in a factory

• Corn grown on a farm

Finland's literacy rate is 100%. Which economic factor do they invest a lot of money in?

• Capital goods

• Entrepreneurship

• Gross Domestic Product

• Human Capital

Why did the European Union initially form?

• To stop embargo's from being enacted

• To keep the peace between warring nations

• To encourage voluntary trade

• To allow for open and free markets between global trading partners

Which river is shown here?

• Rhine River

• Ural River

• Danube River

• Ural River

These mountains separate the Iberian Peninsula from the rest of Europe.

• Pyrenees Mountains

• Alps

• Ural

How is a country's GDP connected to its literacy rate?

• The lower the GDP, the higher the literacy rate.

• The higher the literacy rate, the higher the GDP.

• The higher the literacy rate, the lower the GDP.

• The lower the literacy rate, the higher the GDP.

Which is an example of an entrepreneur?

• Sharon starts a small internet shopping company, and right now, she's the only employee

• Mark begins taking university courses to become a manager at his investment firm

• Ryan works for his uncle selling real estate

• Miranda works at an insurance company that sells door to door

What type of economy do Russia, Germany, and the United Kingdom all have?

• Mixed

• Command

• Market

• Traditional

Which of the following contributes MOST to smog in London, England?

• Factory emissions

• Slash and burn farming techniques

• Automobile emissions

• Acid rain brought over from Germany by wind currents

Which mountain range sits north of Italy?

• Pyrenees

• Ural

• Alps