Unit 5 Summative

These items are describing what type of government system?

• oligarchy

• confederation

• presidential

• parliamentary

Brazil, Mexico, and Venezuela each have governments which are considered federations. A federation is

• governed as one single unit, with one constitutionally created legislature.

• allowed to make rules and laws which are technically unconstitutional.

• a loose association of states that come together only for military and defensive purposes.

• a union of self-governing states which are joined together by a central government.

Which of these was a DIRECT result of the success of the Cuban Revolution in 1959?

• Zapatista Movement

• Hungarian revolution

• Bays of Pigs Invasion

• Berlin Wall construction

One advantage of a market economy is its ability to

• adjust to changes over time

• control the price of labor

• limit consumer choices

• sell goods at a high price

Felipe's country has a mixed economy. It is closer to the command side of the economic continuum than the market side. Which of the following is MOST LIKELY true in Felipe's country?

• Entrepreneurship is encouraged and the government's role in the economy is limited.

• The government heavily regulates the economy and limits private investment.

• Most economic decisions are guided by traditions passed down from previous generations.

• There are strong private property protections and few restrictions on starting businesses.

Tariffs, quotas, and subsidies are examples of

• trade barriers

• trade incentives

• restrictive licenses

• free trade

Which statement describe Cuba’s economy?

• 1, 2, and 4 only

• 1, 2, 3, and 5 only

• 3 and 5 only

• 1 and 2 only

Which statement correctly compares elements of the economies of Brazil and Cuba?

• Brazil has a command economy and prices are mostly determined by the government. Cuba has a market economy and prices are mostly determined by competition between businesses.

• Cuba has a command economy and prices are mostly determined by competition between businesses. Brazil has a market economy and prices are mostly determined by the government.

• Brazil has a command economy and all basic economic decisions are made by the government. In Cuba, the government controls some industries, but plays a smaller role than the Brazilian government in controlling production in most industries

• Cuba has a command economy and all basic economic decisions are made by the government. In Brazil, the government controls some industries, but plays a smaller role than the Cuban government in controlling production in most industries.

Since the Cuban Revolution, which resulted in the overthrow of General Fulgencio Batista's authoritarian regime, Cuba has had a

• communist government

• fascist government

• theocratic government

• democratic government

In 1959 Fidel Castro led a revolution that successfully overthrew Fulgencio Batista, the leader of

• Cuba

• Argentina

• Mexico

• Guatemala