World Geog 5/Part 2

What type of economy does the US have?

• socialist

• capitalist

• agricultural

• government-owned

Who owns the factors of production in a free enterprise capitalist economy?

• the executive branch

• the military

• individuals & corporations

• the government

When did the US move toward more government control of the economy?

• The Civil War

• The Great Depression

• After 9/11

• During COVID

What are the four Core Values of America?

• Freedom, Tranquility, Success, Growth

• Democracy, Military, Equality, Religion

• Freedom, Equality, Individualism, Growth

• Migration, Expansion, Tolerance, Growth

This makes up about one percent of America's GDP:

• Services

• Agriculture

• Industry

• Bitcoin

Which two factors have worsened the national debt in recent years?

• Environment regulation and Crime

• Fracking and Mining regulations

• War on Terror and Natural Disaster Relief

• Reality TV and Social Media

Which country has the most productive farmers in the world?

• Mexico

• China

• Russia

• America

The largest source of GDP for the US economy is:

• Military production

• Services

• Industry

• Farming

Which topic is not a part of demographics?

• Lifespan and birthrates

• Home values

• Population Count

• Minority groups

This typically lasts 80 years...

• Weather cycle

• American lifespan

• Severe drought

• Economic recession