World Shipping Review

oil is an example of a ________ resource

• Renewable 
• Nonrenewable 

The following is an example of a renewable resource. 

• Oil 
• Solar 
• Fossil Fuels 
• Gasoline 

This considers not only GDP per capita but also the literacy rate, life expectancy, and overall well being

• Human Development Index 
• Gross Domestic Product 
• Per Capita 
• Standard Of Living 

Which of the following is NOT a renewable resource?

• Water

• Sunlight

• Coal

• Wind

Which of the following is NOT a true statement?

• Oil was formed a very long time ago.

• Oil is usually found in pockets deep in the earth.

• Oil is distributed evenly throughout the world.

• Oil is sometimes found beneath the ocean floor.

Which Middle Eastern country has the most oil?

• Iraq

• Syria

• Saudi Arabia

• Yemen

What does the GDP of a nation measure?

• The percentage of the country's land that can be farmed

• The average age at which a person dies in that country

• The education level of the average person

• A country's wealth

How would you figure a nation's PER CAPITA GDP?

• Divide the total GDP by the number of people in the country.

• Multiply the average salary by the number of businesses.

• Add the population to the average life expectancy.

• There's no way to figure this.

Which of the following would most likely happen if there was a large SUPPLY and a small DEMAND?

• Prices would go UP.

• Prices would go DOWN.

• Prices would remain UNCHANGED.

• There is no correlation between supply, demand, and prices.

A country that spends much of its oil money on education and health care will most likely have _________.

• a high HDI ranking
• a large rural population
• a low life expectancy
• a small per capita GDP