Economics Unit Test Review
Authored by Stacy Lambert-Johnson
Social Studies
6th Grade
Used 7+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The country of Liberia seeks to improve its standard of living. Which program could assist them in accomplishing that goal?
A program that teaches workers how to handle money
A program that increases the number of police in the country
A program that builds more airplanes
A program that assists adults in learning to read and write
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Afghanistan, South Sudan and Mali all have literacy rates below 50%. What is the most likely effect of such low literacy rates?
The citizens living here will have a lower life expectancy.
These nations will have a relatively high standard of living.
These nations will have a relatively low standard of living.
Neighboring nations will pass laws to restrict trade with these countries.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Based on the Literacy Rate of Europe map, what can you conclude about the average European's standard of living?
He/she has a much higher socio-economic status, much better health, and much better employment prospects than people of a nearby continent.
He/She has higher socio-economic status but lower health and employment prospects than people on a nearby continent.
He/She has the same socio-economic status, health, and employment prospects as people on a nearby continent.
He/She has lower socio-economic status, poorer health, and fewer employment prospects than people on a nearby continent.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What conclusion can be supported by the data in the table?
The standard of living is higher in most European countries than in most Latin American countries.
Countries that have higher literacy rates always have lower GDPs.
GDP per person has no clear connection to literacy rates.
Citizens in Venezuela have the lowest standard of living.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Gross Domestic Product (GDP)?
a nasty mistake some factories make
the limit on goods which can be imported
the total amount of a tax placed on imports in a given year
the value of goods and services produced in a country
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most European companies are formed by entrepreneurs. What is an entrepreneur?
An American that moves to Germany to work.
A well-known company with lots of employees.
A former East German apprentice.
Small business owners that have found a specific good or service to provide.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You want to start an ice cream business. You already own or have access to the following: -Land to build your store on, land that is full of salt that can be mined, land that can be used for grazing cows for fresh cream. Which type of resource do you already have available to you?
Capital Resources
Human Capital
Natural Resources
Reserve Resources
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