Economic and Government Systems of Latin America

Which statement best describes the economic system of Brazil and Mexico?

• Mexico and Brazil have a pure command economy.

• Mexico and Brazil have a pure market economy.

• Mexico and Brazil have a mixed economy with market characteristics.

• Mexico and Brazil have a mixed economy with command characteristics.

In a parliamentary democracy, who do citizens elect?

• Citizens elect the chief executive and legislators.

• Citizens elect legislators who then choose the chief executive.

• Citizens elect the chief executive.

Most countries in the world have what type of economic system?

• Traditional

• Market

• Command

• Mixed

A key difference between a parliamentary and a presidential democracy is that

• The president helps makes the laws, the prime minister does not.

• The people vote for the prime minister, but the legislature choose the president.

• The prime minister is a member of the legislature, but the president is not.

Hunting, gathering, subsistence agriculture, and the barter system are characteristics of which type of economy?

• Market

• Traditional

• Command

• Market

What natural resources is the most economically important to both Mexico and Brazil?

• Diamonds

• Silver

• Petroleum

• Uranium