World History Quiz # 2

What is the ideology of communism?

• A) A socio-economic and political system in which the government regulates the ownership of natural resources

• B) A system that aims to establish common ownership of property and eliminate the private property concept

• C) An economy where the market or private businesses determine prices, products, and services

• D) The working class

The socio-economic and political system is characterized by the government regulating the ownership of natural resources and the production of goods connected to societal needs?

• A) Communism

• B) Socialism

• C) Free Enterprise

• D) Proletariat

What are renewable resources?

• A) Resources that can be replaced in a relatively short time

• B) Resources that can't be replaced easily

• C) Goods used in the supply of other goods

• D) The human input into the production process

Which economic sector describes the role of manufacturing?

• A) Primary Economics

• B) Secondary Economics

• C) Tertiary Economics

• D) Capital

What does GDP measure?

• A) The value of all final goods/services produced within a country's borders in a given year

• B) The economic output per person in a country

• C) The number of individuals that die per 1,000 individuals per year

• D) The permanent arrival of new individuals into the population

What is the formula for calculating population change?

• A) Birth - Death

• B) Immigration - Emigration

• C) (Birth - Death) + (Immigration - Emigration)

• D) All of the above

What is the term for the permanent movement of individuals out of a population?

• A) Immigration

• B) Emigration

• C) Death Rate

• D) Human settlement

Which style of economy derives from Karl Marx's theory?

• Capitalism

• Socialism

• Communism

• Free Enterprise

Match the resource types

Groups:

(a) non-renewable resource

,

(b) renewable resources

,

(c) Secondary Economic

,

(d) Tertiary Economy

• cell phone

• coal

• service

• Tik Tok

• wind

• minerals

• sunlight

• internet

• teacher

• chair

• gas

• Facebook

• pencil

• desk

• water

• oil

• manufacturing

Match the following

• Exports

• the value of goods or services exported minus those imported by a country during a specific period

• Imports

•  goods that will not be sold again as part of some other good

• final goods

• things that come into the USA or our country from somewhere else

• Net Exports

• Things that GO OUT of a country or the USA from another country