Australia Gov and eco test

What does indigenous mean?

• New people living in a new area making new inventions

• produced, growing, living, or occurring natively or naturally in a particular region

• Moving from one country to another country until they kick the original people out

• Unnaturally native to a particular region

The aboriginal people had a very unique religion where they believed in the images they received while sleeping. What was this religion called

• Christianity

• Dreamtime

• Judaist

• Islam

What type of economic system does Australia have?

• Mixed

• Market

• Command

• Democracy

What are the three economic questions that must be asked for every country in the world when it comes to the economy of a country?

• What, who, how

• Mixed economy

• Literacy rate

• Higher standard of living

What does supply and demand mean in an Australian economy?

• Supply is the amount of a specific good or service that's available in the market. Demand is the amount of the good or service that customers want to buy.

• Supply is the product outcome and demand is what you sell in a year

• Demand is the amount of a good and supply is what customers want

• Supply and demand is one the two questions you must ask when starting an economy

How much does Australia invest in capital goods?

• 24.3%

• 80%

• 63%

• 86.3%

Higher literacy rates=

• Higher standard of living

• Lower standard of living

• Lower Literacy rate

• Higher GDP

What are two examples of where money comes from for entrepreneurs starting a business?

• No money needed

• Robbing a bank and stealing from your friends

• Personal Money and borrowing from the bank

• Getting a degree and starting a new business off that degree

What type of government does Australia have?

• Parliamentary democracy

• Presidential democracy

• Monarch

• Communism

What is the law in Australia when you turn 18?

• You are required by law to vote or you will be fined

• You do not need to vote its a free country

• You are required to vote or you will go to jail

• There is no voting in Australia