Economic Goals

Economic Goals

12th Grade

10 Qs

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Economic Goals

Economic Goals

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

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Created by

Tim Cunningham

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Canada has implemented immigration policies that prioritize inclusivity and diversity. By welcoming immigrants from various backgrounds, Canada aims to create a more equitable society by providing opportunities to individuals regardless of their country of origin. This approach contributes to a more diverse and inclusive economic landscape.

Security

Equity

Freedom

Efficiency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

New Zealand has implemented economic reforms over the years that promote economic opportunity. These reforms include reducing trade barriers, liberalizing markets, and pursuing fiscal responsibility. New Zealand's commitment to free-market principles has contributed to its economic success.

Security

Equity

Freedom

Efficiency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Norway has established a sovereign wealth fund, fueled by revenues from its oil industry. The fund serves as a long-term financial security net for future generations, helping to stabilize the economy by managing and investing oil wealth wisely.

Security

Equity

Freedom

Efficiency

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Japan pioneered the concept of just-in-time (JIT) manufacturing, which focuses on producing goods only as they are needed in the production process. This minimizes inventory costs and reduces waste. Companies like Toyota have successfully implemented JIT, contributing to the overall success of Japan's manufacturing sector.

Security

Equity

Freedom

Efficiency

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Brazil has implemented the Bolsa Família program, a conditional cash transfer initiative aimed at reducing poverty and inequality. The program provides financial assistance to low-income families, particularly targeting education and healthcare for children. This helps address economic disparities.

Security

Equity

Freedom

Efficiency

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The United States has traditionally embraced principles of the free enterprise with a capitalist system that emphasizes private enterprise and limited government intervention. Market forces play a significant role in resource allocation, and there is a strong emphasis on protecting property rights and individual freedoms.

Security

Equity

Freedom

Efficiency

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Germany is known for its successful manufacturing sector, particularly in industries such as automotive engineering. German companies like Volkswagen and BMW have implemented advanced production techniques and lean manufacturing principles to streamline their operations, reduce waste, and enhance overall efficiency.

Security

Equity

Freedom

Efficiency

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