Economic Geography Quizziz

(a)   resources regenerate over time. Examples include trees, water, and soil.

Based on the chart, which country has a comparative advantage in beef?

• USA

• Mexico

• Both

• Neither

A software developer falls into this economic level.

• Primary

• Secondary

• Tertiary

• Quaternary

Which type of economy allows past customs and family tradition to determine what to produce, how to produce it, and who gets it?

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Market Economy

The four questions each economic system has to answer are....

• 1. 1. What to produce?

  2. 2. How to produce?

  3. 3. For whom to produce?

  4. 4. How much to produce?

• 1. 1. What to produce?

  2. 2. When to produce?

  3. 3. Where to produce?

  4. 4. How much to produce?

• 1. 1. How to produce?

  2. 2. For whom to produce?

  3. 3. How much to produce?

  4. 4. Why to produce?

• 1. What to produce?

  2. 2. How to produce?

  3. 3. For whom to produce?

  4. 4. Where to produce?

Who or what answers the basic economic questions in a free market economy?

• Buyers and sellers

• Government
• Custom
• Buyers, Sellers, and Government

This job falls into the secondary economic level.

• A bus driver in Paris.

• A shoe maker in London.

• A fisherman in Maine.

• An app developer in Beijing.

Which of these would be seen in a more developed country's quarternary level?

• Coal mines

• Universities and research institutions

• Transportation stations

• Factories

Roads, airports, and hospitals are examples of...

• Human resources

• Nonrenewable Resources

• Infrastructure

• Renewable Resources

Based on the chart, which country has the absolute advantage in beef?

• Mexico

• USA

• Both

• Neither