Economic Geography

In this type of economy the government, who owns the means of production, determines what will be produced.

• market economy

• free enterprise

• command economy

• all of the above

In this type of economy production is based on what consumers want.

• market economy

• free enterprise

• command economy

• none of the above

What do geographers look for when studying a country’s natural resources?

• location of the resource

• quality of the resource

• quantity of the resource

• all the above

What are the 3 statistics that create HDI (Human Development Index)?

• GDP per capita

• Literacy rate

• Life expectancy

• all of the above

What is GDP, and what does it stand for?

• Gross Domestic Product. Only measures what is produced in the country itself.

• Gross National Product. Indicates the value of all goods and services produced by a country over a period of time, whether foreign or domestic.

• Gross Nations Produce. All of the food that is grown in a nation

• None of the above

What does literacy mean?

• ability to read and write

• ability to learn

• ability to farm

• none of the above

What is life expectancy ?

• the average age an individual can expect to live

• the average amount of children in a household

• the age of teenagers

• none of the above

How many levels of economic activity are there?

• 4

• 3

• 2

• 1