US Economy and Globalization

US Economy and Globalization

9th - 12th Grade

8 Qs

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US Economy and Globalization

US Economy and Globalization

Assessment

Quiz

Geography

9th - 12th Grade

Easy

Created by

Matthew Hornbuckle

Used 12+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What drives the US economy today?

service industries

manufacturing services

exporting to other countries

none of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a service industry?

any kind of economic activity that provides a service rather than a product.

any kind of economic activity that provides a product rather than a service.

any kind of economic activity that deals with agricultural products

none of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a postindustrial economy?

An economy in which manufacturing no longer plays a major role. That economy now produces money based on the services its citizens provide

An economy that relies solely on manufacturing . That economy now produces money based on what its citizens manufacture.

An economy that is struggling after a war.

None of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Many American corporations engage in business worldwide and are called multinationals. Globalization is directly related to this because globalization deals with how the world is connected. With American corporations engaging in business in other countries, this is globalization at work.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What three factors contributed to US economic success?

An abundance of natural resources.

A skilled labor force.

A stable political system that has allowed the economy to develop.

All of the above.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Increasing interdependence of nations and peoples across the globe.

Infrastructure

Globalization

Interdependence

Specialization

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The exchange of goods and services by sale or barter driven by the need for resources.

Fair Trade

Globalization

Trade

Standard of Living

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sending goods to another country to sell.

import

export