Globalization and Economic Systems Quiz

Quiz
•
Social Studies
•
12th Grade
•
Medium
Martin Nava
Used 17+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does globalization refer to in the context of economic and cultural interdependence?
The isolation of nations from each other
The economic and cultural interdependence and connection among nations, economies, and individuals
The competition between local and international markets
The decline of cultural diversity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes a mixed economic system?
A system with no government intervention
A system with complete government control
A system combining elements of both free market and government control
A system where the market is entirely controlled by foreign companies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What concept did Adam Smith refer to when explaining the operation of markets?
Invisible barrier
Invisible hand
Invisible force
Invisible control
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a tertiary sector business?
Citrus orchard
Bridge repair
Meatpacking facility
Lumber mill
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the labor for producing t-shirts in Vietnam or Guatemala considered competitive globally?
Due to high labor costs
Because of the skilled labor force
Because the labor is inexpensive
Due to the use of advanced technology
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which international organization focuses on humanitarian issues?
IOC
FIFA
ICRC
UNESCO
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term "free trade" refer to?
Restrictions on trade between nations
No trade barriers like tariffs or quotas between nations
Trade that only involves free market countries
Trade agreements that are not profitable
Create a free account and access millions of resources
Similar Resources on Wayground
16 questions
Byzantine and Holy Roman Empire

Quiz
•
9th - 12th Grade
15 questions
Multinational Organizations

Quiz
•
12th Grade - University
10 questions
2025 Economics Terms Quiz#1 (1-10)

Quiz
•
12th Grade
16 questions
Review for Social Studies Quiz #4

Quiz
•
KG - 12th Grade
10 questions
Production Possibilities Curve

Quiz
•
12th Grade
16 questions
Asian Imperialism

Quiz
•
9th - 12th Grade
15 questions
International Trade Review

Quiz
•
9th - 12th Grade
16 questions
Foreign Policy Godin

Quiz
•
9th - 12th Grade
Popular Resources on Wayground
18 questions
Writing Launch Day 1

Lesson
•
3rd Grade
11 questions
Hallway & Bathroom Expectations

Quiz
•
6th - 8th Grade
11 questions
Standard Response Protocol

Quiz
•
6th - 8th Grade
40 questions
Algebra Review Topics

Quiz
•
9th - 12th Grade
4 questions
Exit Ticket 7/29

Quiz
•
8th Grade
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
19 questions
Handbook Overview

Lesson
•
9th - 12th Grade
20 questions
Subject-Verb Agreement

Quiz
•
9th Grade
Discover more resources for Social Studies
40 questions
Algebra Review Topics

Quiz
•
9th - 12th Grade
19 questions
Handbook Overview

Lesson
•
9th - 12th Grade
62 questions
Spanish Speaking Countries, Capitals, and Locations

Quiz
•
9th - 12th Grade
20 questions
First Day of School

Quiz
•
6th - 12th Grade
6 questions
Maier - AMDM - Unit 1 - Quiz 1 - Estimation

Quiz
•
12th Grade
21 questions
Arithmetic Sequences

Quiz
•
9th - 12th Grade
21 questions
9th Grade English Diagnostic Quiz

Quiz
•
9th - 12th Grade
7 questions
Characteristics of Life

Interactive video
•
11th Grade - University