7SS Southern and Eastern Asia Government and Economics

What country's economic system has the most government control in the world?

• South Korea

• Japan

• India

• North Korea

What country has recently been moving towards capitalism to improve their economy?

• Vietnam

• India

• Japan

• North Korea

How are citizens involved in the election of a new leader in China?

• Citizens have involvement by voicing to their political officials which leader would meet their needs.

• Citizens have involvement by voicing to their political officials which leader would meet their needs.

• Citizens have involvement by voting for the next leader once one has reached the end of his term.

• Citizens have very little involvement because China has a Communist Party that elect leaders for the citizens.

How are citizens involved in the election of a new leader in Japan?

• Citizens have minimal involvement because Japan's emperor inherits the role of leader.

• Citizens have involvement by voting for the next leader once one has reached the end of his term.

• Citizens have involvement by voicing to their political officials which leader would meet their needs.

• Citizens have minimal involvement because Japan has Congresses that elect leaders for the citizens.

How are citizens involved in the election of a new leader in North Korea?

• Citizens have minimal involvement because North Korea forbids voting.

• Citizens have involvement by voicing to their political officials which leader would meet their needs.

• Citizens vote for a fixed, one-party legislature that selects the leader.

• Citizens have involvement by voting for the next leader once one has reached the end of his term.

How are citizens involved in the election of a new leader in India?

• Citizens have involvement by voting for the next leader once one has reached the end of his term.

• Citizens have minimal involvement because India is not a democracy.

• Citizens have involvement by voicing to their political officials which leader would meet their needs.

• Citizens have minimal involvement because India forbids voting.

In a traditional economy, how are economic decisions made?

• custom and habit

• combination of consumers and government planners

• consumers and the market

• government planners

In a market economy, who takes the financial risk in a new business?

• individual business people

• government planners

• a combination of government planners and individual investors

• consumers

Japan's economy could be classified as

• weak and unstable with little foreign trade.

• heavily dependent on the country's agricultural production.

• one of the most technologically advanced in the world.

• totally under the control of the government.

How does economic specialization make trade between countries easier?

• How does economic specialization make trade between countries easier?

• The competition between countries will no longer exist.

• There will always be a steady supply of manufactured goods on the market.

• Countries can produce those things they make best and trade with others for what they need.