Review Summative Australia

1. Which type of government system is used in Australia? The elected members of the legislature choose a prime minister to lead the country.

• A. parliamentary autocracy

• B. parliamentary democracy

• C. presidential autocracy

• D. presidential democracy

2. If a mining company in Australia invests in updated technology, it will MOST LIKELY.

• A. It will become too efficient, causing competition in the industry to decline.

• B. It will drive other mines out of business and raise the prices of its goods.

• C. It will contribute more to the gross domestic product of Australia.

• D. It will hire unskilled workers, causing the unemployment rate to decline.

3. Human capital investments contribute to economic growth. ______

• A. by enabling a country to produce all of the goods its citizens need

• B. by giving people the skills necessary to acquire higher-paying jobs

• C. by improving the technology on which businesses rely

• D. by eliminating the need for people to budget and save

4. The MOST effective way for a government to raise its people's standard of living, would be

• A. reducing environmental regulations on bus

• B. nationalizing major industries to trade

• C. increasing economic barriers

• D.. funding programs to improve adult literacy

5. Australia is the world's leading net exporter of what natural resource?

• A. diamonds

• B . coal

• C. copper

• D. oil

6. The economy of Australia is ?

• A. a pure command economy

• B. a pure market economy

• C. a command-leaning mixed economy

• D. a market-leaning mixed economy

7. Most nations operate economies that are MAINLY mixtures of both in the world

• A. traditional and command economies.

• B command and market economies.

• C. communist and traditional economies.

• D. market and traditional economies.

8. Australia specializes in ___________. Its top two exports are iron ore and coal. One of its top imports is automobiles.

• A car manufacturing, because cars are in high demand.

• B iron ore and coal, because most Australians are miners.

• C iron ore and coal, because it has large supplies of these resources.

• D car manufacturing, because it has the resources needed to make cars.

9. Life in Australia differs from life in the United States because?

• D. The government tells people what kinds of jobs they can have.

• C. Australian citizens are required by law to vote in elections.

• A. People in Australia vote directly for the head of state

• B. Members of the House of Representatives are appointed.

10. They elect the head of government, but not the head of state.

• C They elect the head of state, but not the members of the legislature

• B They elect the head of state, but not the head of government..

• D They elect the members of the legislature, but not the head of government.

• Chief President