Latin America Economics/Governments

What type of government exists in Brazil and Mexico?

• Autocracy

• Parliamentary Democracy

• Presidential Democracy

In a command economy, who controls the businesses, factories, and farms?

• The government

• the citizens

• farmers

Which country has a more free economy, Mexico or Brazil?

• Mexico

• Brazil

In market economy, who makes decisions about the productions of most goods and services?

• Private businesses and consumers

• The goverment

All economies have some market and some command elements, therefore they are known as ____________________ economies.

• Traditional

• Pure Market

• Mixed

• Pure Command

Which trade barrier has been in effect between the us and Cuba since Castro took over?

• Tariff

• Quota

• Embargo

In which type of government does one ruler hold supreme power?

• Democracy

• Autocracy

• Oligarchy

Which of the following is NOT one of the three basic economic questions?

• What to produce

• How to produce

• For Whom to produce

• When to produce

In Cuba, citizens can only vote for....

• The Communist party

• The Monarch

• The Chancellor

• The Prime Minister

Which of the following is NOT one of the four factors of production

• Entrepreneurship

• Human Capital

• Natural resources

• Government