9 weeks test review

Looking at this Population Map, which part of the USA is more populated?

• Westcoast

• Eastcoast

Which two physical features do the United States and Canada share?

• Rocky Mountains and the Great Lakes

• Mississippi River and the Great Lakes

• St. Lawrence Seaway and Rocky Mountains

• Appalachian Mountains and Mississippi River

What has happened to many American workers because U.S. companies have their products made in China?

• They have moved to China.

• They bought bigger houses.

• They have lost their jobs.

• They buy more of the products.

In Florida there has been a drought for almost 2 years. What does this mean for the economy in Florida?

• Less oranges will be sold

• More oranges will be sold

• more people will move to Florida

• more people will grow oranges

Land, labor, capital, and entrepreneurship are all considered to be --

• Factors of migration

• Factors of immigration

• Factors of production

• Factors of marketing

The United States has an economy based on __________________ where private individuals can make money by innovating and creating new ideas and products and bringing them to market. The economic system of __________________ is based on a communist system in which the government controls the availability of products and the cost of things.

• Socialism…Cuba

• Socialism…Canada

• Free enterprise…Canada

• Free enterprise…Cuba

Which of the following is true of a free enterprise economic system, but not true of a communist economic system?

• Government has less control over the economy.

• Supply of products and resources is controlled by the government

• There is no voluntary exchange of goods and services.

• Demand for products does not affect the price.

The economic system shared by both the United States and Canada is which of the following?

• command

• market

• trade

• socialist

Supply and demand, competition, and little government interference are all characteristics of what type of economy?

• Free-market economy

• Traditional economy

• Command economy

• Mixed economy

What type of Government does the US have

• Republic

• Democracy

• Federalism

• All of the above