Standard of Living Review

What is standard of living?

• the national income divided by population
• the number of years a person can expect to live
• the level of available income, goods, and services in a place
• the number of infant deaths per 1,000 live births

What term means " the minimum income required to meet basic needs?"

• cost of living
• infant mortality
• life expectancy
• poverty line

Which of the following is considered a basic need?

• an automobile
• clean water
• education opportunities
• a cell phone

How is subsistence farming different from other farming?

• farmers grow a larger variety of crops
• farm families rely on a single crop for income
• farmers sell produce and livestock at local markets
• farmers produce only enough food for their own families

What disaster struck Haiti in January 2010?

• earthquake
• hurricane
• tornado
• volcanic eruption

What major project was completed in 2006 to help meet Turkey's energy needs?

• a nuclear power plant
• a wind farm
• a solar converter
• an oil pipeline

Why are privately owned businesses generally more successful than businesses under government control?

• they can control the market more completely
• they usually have more workers
• they can respond to customers more quickly
• they have more foreign contacts

What does it mean to say that a family lives in poverty?

• they cannot afford to meet their basic needs
• they do not have as many goods as their neighbors
• they live in an overpopulated area
• they do not have a job or an income

Which of the following has the most direct effect on the level of a person's income?

• access to clean water
• access to education
• access to health care
• access to housing

What sets Costa Rica apart from most of its Central American neighbors?

• an agricultural economy
• small cities
• tropical climate
• political stability