If the government abolished taxes, would some individuals be able to earn an unlimited income?
Gr 7 S1 SS Exam Review

Quiz
•
History
•
7th Grade
•
Hard
Michael Howard
Used 3+ times
FREE Resource
31 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Yes, the only limit on the income an individual receives is taxation.
No, income is still limited by minimum wage laws and financial obligations such as mortgage payments, utilities, and healthcare.
Yes, individuals would be able to earn an unlimited income by increasing the hours they work and making successful investments.
No, individuals would never be able to earn enough wages or salary and make enough successful investments to earn an unlimited income.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mary is a subsistence farmer. John is a nomadic herder. In which region of Africa do Mary and John MOST LIKELY live?
Sahara
Sahel
Swahili coast
Tropical rainforest
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement does the diagram above BEST support?
Israel has a more market-oriented economy compared to Saudi Arabia.
Saudi Arabia has a more market-oriented economy compared to Israel.
Both Israel and Saudi Arabia have pure command economies.
Both Israel and Saudi Arabia have pure market economies.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement BEST describes the economies of Israel and Saudi Arabia?
Israel has a market economy.
Saudi Arabia has a command economy.
Both Israel and Saudi Arabia have mixed economies.
Neither Israel nor Saudi Arabia have mixed economies.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do the beliefs of Judaism and Islam differ?
The followers of Judaism worship the god of Abraham, while the followers of Islam worship the god of Jesus Christ.
Followers of Judaism believe in the divinity of Abraham, while followers of Islam believe in the divinity of Mohammad.
The followers of Judaism believe that Abraham was a prophet, while the followers of Islam believe that Abraham and Jesus were prophets.
The followers of Judaism believe they should make a pilgrimage to Mecca, while the followers of Islam believe they should pray regularly.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement BEST describes the purpose of a budget?
Budgeting limits an individual's ability to pay for taxes on income and personal property.
Budgeting allows an individual to plan for spending in the short and long term.
Budgeting limits an individual's ability to borrow money to purchase a home.
Budgeting allows an individual to spend more money than they earn.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country is MOST LIKELY to base part of its economy on the production of cash crops?
A. Egypt
B. Yemen
C. Turkey
D. Northern Iran
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