Unit 5 Test

What term describes power divided/shared between national, states and local governments?

• Confederate System
• Federal System
• Unitary System
• Nervous System

What term describes power consolidated at the national level? (Strong central government)

• Confederate System
• Federal System
• Unitary System
• Nervous System

What term describes power distributed at the state or local level? (Weak central government)

• Confederation System
• Federal System
• Unitary System
• Nervous System

A country that has a LOT of money, high quality education, and advanced technology is categorized as a:

• Less Developed Country
• Newly Industrialized Country
• More Developed Country

A country that does not have much money, poor education, and little technology is categorized as a:

• Less Developed Country
• Newly Industrialized Country
• More Developed Country

A country that is transitioning from agricultural jobs to manufacturing / industrial jobs is categorized as a:

• Less Developed Country
• Newly Industrialized Country
• More Developed Country

Which type of economy gives individuals the right to make economic decisions with no interference from the government?

• Command Economy
• Market Economy
• Traditional Economy
• Mixed Economy

More developed/rich countries most likely have what kind of economy?

• Command (Government in absolute control)
• Mixed (A balance of freedom and government supervision/oversight)
• Market (Absolute freedom, no government oversight)
• Traditional (you stay in the "family business"; subsistence farming, fishing, etc.)

The two economies that are very rare in the world today are:

• Mixed and Command
• Traditional and Market

The United States has what kind of economy?

• Command
• Mixed
• Market
• Traditional