Unit 6 Australia Vocab Quiz

What does "immunity" refer to?

• The ability to resist disease

• A measure of economic output

• Protection against financial risks

• Skills possessed by individuals

What is the role of the Governor-General in Australia?

• A ceremonial representative of the monarch

• A key economic advisor

• The leader of the Australian Parliament

• A judge in the Supreme Court

Gross Domestic Product (GDP) measures:

• The standard of living in a community

• The total value of goods and services produced in a country

• The percentage of people who can read and write

• The skills and knowledge of a workforce

What does "standard of living" describe?

• The level of comfort and wealth experienced by individuals or communities

• The total economic output of a country

• The tools and machinery used in production

• The percentage of literate individuals in a population

"Human capital" refers to:

• The machinery and tools used to produce goods

• The skills, knowledge, and experience of individuals

• The total economic output of a country

• The wealth of a nation's government

What are "capital goods"?

• Tools and machinery used in the production of other goods

• The total value of goods and services produced in a country

• Items that improve the standard of living

• Products sold directly to consumers

The literacy rate measures:

• The number of books read by a population

• The percentage of people who can read and write

• The level of education in a country

• The number of schools in a region

Who is an entrepreneur?

• A government official who manages the economy

• Someone who starts and manages a business, taking financial risks

• A worker skilled in operating machinery and tools

• An economist who measures GDP

A "penal colony" is:

• A settlement established for trading goods

• A colony created to exile criminals

• A place where tools and machinery are made

• A settlement for indigenous populations

Who are the Aboriginal people?

• The representatives of the monarch in Australia

• The original inhabitants of Australia with unique cultures and traditions

• Settlers who established penal colonies in Australia

• Entrepreneurs who migrated to Australia for business