Standard of Living and Economic Indicators

Standard of Living and Economic Indicators

Assessment

Interactive Video

Social Studies

6th - 8th Grade

Practice Problem

Medium

Created by

Johnna Hoover

Used 15+ times

FREE Resource

4 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factors are used to determine the standard of living in a country?

The level of wealth, comfort, and material goods available to a socioeconomic class.

GDP per capita, literacy rate, and life expectancy.

The total amount of money a country makes through goods and services.

The average income and education level of its citizens.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Gross Domestic Product (GDP) represent?

The average income of a person in a country.

The percentage of the population that can read and write.

The total amount of money a country makes through goods and services in a year.

The average lifespan of individuals in a country.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the literacy rate of a country defined?

The percentage of the population over the age of 15 that can read and write within a country.

The average amount of money a person makes in a year.

The total value of goods and services produced.

The average number of years a person is expected to live.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When ranking countries based on standard of living factors, which country is considered to have the highest standard of living?

The country with the highest individual ranking in any single category.

The country with the lowest total raw score from the combined rankings.

The country with the highest GDP per capita.

The country with the highest average life expectancy and literacy rate.

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