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Econ/Gov Unit Test Review

Total questions: 100

Worksheet time: 51mins

Name
Class
Date
1.
Economy based on what the society has always done?
a)
Traditional
b)
Market (Free Enterprise)
c)
Command
d)
Mixed
2.
In which form of government does a king or queen rule with ALL power?
a)
Constitutional Monarchy
b)
Communism
c)
Absolute Monarchy
d)
Theocracy
3.
These countries have a large amount of manufacturing?
a)
More Developed
b)
Less Developed
4.
Which form of government has a strong, central government and a military leader?
a)
Fascism (Totalitarian)
b)
Theocracy
c)
Anarchy
d)
Communism
5.
Economy based on what the government decides?
a)
Traditional
b)
Market (Free Enterprise)
c)
Command
d)
Mixed
6.
Which form of government is a system in which all factors of production are owned by the government?
a)
Direct Democracy
b)
Theocracy
c)
Communism
d)
Representative Democracy
7.
Which form of government is ruled by a particular religious group?
a)
Direct Democracy
b)
Socialism
c)
Constitutional Monarchy
d)
Theocracy
8.
Many people in these countries work in agriculture
a)
More Developed
b)
Less Developed
9.
These countries have good transportation and communication systems?
a)
More Developed
b)
Less Developed
10.
Your government has told you to produce 5,000 pairs of shoes this year and sell them for $20 per pair.
a)
Traditional
b)
Market (Free Enterprise)
c)
Command
d)
Mixed
11.
Economy based on both the ideas of the government and the individual?
a)
Traditional
b)
Market (Free Enterprise))
c)
Command
d)
Mixed
12.
These countries make up 3/4ths of the world's population?
a)
More Developed
b)
Less Developed
13.
What is the absence or lack of government called?
a)
Direct Democracy
b)
Constitutional Monarchy
c)
Anarchy
d)
Socialism
14.
Which form of government is a political and economic theory of social organization with community ownership of all means of production?
a)
Socialism
b)
Fascism
c)
Direct Democracy
d)
Representative Democracy
15.
What type of resource is a construction worker?
a)
Natural
b)
Human/Labor
c)
Capital
16.
Which economic indicator tells us the amount of money each person can expect to earn on average in their country?
a)
Literacy Rate
b)
GDP
c)
% Urban Population
d)
Per Capita GDP
17.

Bangladesh has a per capita GDP of $2,100 and an infant mortality rate of 46/1000.

Malaysia has a per capita GDP of $17,500 and an infant mortality rate of 14/1000.

Which country is MORE DEVELOPED?

a)

Bangladesh

b)

Malaysia

18.
What is the greatest weakness of a representative democracy?
a)
No right to complain to the government
b)
Takes longer to enact laws and transition b/w leaders
c)
No incentive to work hard or do well
d)
No national pride or unity
19.
Which statement accurately describes "capital resources"?
a)
Capital resources are not needed in factories.
b)
Grains are capital resources used to make cereal.
c)
High numbers of capital resources are found in less developed countries.
d)
Specialized machinery is a capital resource used to make ice cream.
20.
Which of the following describes a free market?
a)
Buyers choose what price they want to pay for goods
b)
Government controls the prices of goods
c)
Prices are determined by supply and demand
d)
Sellers have little control over prices they charge
21.
Which is a form of government where "power is limited"?
a)
Fascism
b)
Absolute Monarchy
c)
Representative democracy
d)
All of the above
22.
Which is a form of government where "power is unlimited"?
a)
Absolute monarchy
b)
Constitutional monarchy
c)
Direct Democracy
d)
Representative Democracy
23.
In a Market economic system, the factor which guides economic activity is?
a)
Ancestors
b)
Finished products
c)
Changing prices
d)

Government

24.
Which of the following is a durable capital resource?
a)
Chewing gum
b)
Kleenex
c)
Wrist watch
d)
Cookies
25.
Which is BOTH a right and a responsibility?
a)
Obeying the law
b)
Getting good grades
c)
Celebrating holidays
d)
Voting in elections
26.
Which of the following is a characteristic of unlimited government?
a)
No freedom of speech
b)
The right to protest
c)
The right to serve on a jury
d)
Checks and balances
27.
When two or more economic systems are combined, it is called a ?
a)
Traditional economy
b)
Command economy
c)
Mixed economy
d)
Laissez-faire
28.
What kind of government do we have in the USA?
a)
Rule by One/Limited power
b)
Rule by Few/Unlimited power
c)
Rule by Many/Limited power
d)
Rule by Many/Unlimited power
29.
Who has a Theocratic government (ruled by religious group)?
a)
Saudi Arabia
b)
China
c)
Iran
d)
Canada
30.
Which of the following is a characteristic of limited government?
a)
Written laws
b)
Civic participation
c)
Individual freedoms
d)
All of the above
31.
Are Rule by Many governments typically limited power or unlimited power?
a)
Limited
b)
Unlimited
32.
Are Rule by One and Rule by Few governments typically limited or unlimited power?
a)
Limited
b)
Unlimited
33.
How would you classify solar energy?
a)
Renewable/Natural
b)
Physical/Labor
c)
Durable/Capital
d)
Mental/Labor
34.
What does direct democracy mean?
a)
Only certain people can serve on juries
b)
People who've committed crime can't vote
c)
People vote on laws without representatives
d)
None of the above
35.
What happens if you decide not to exercise your right to vote?
a)
You give up your voice in the government
b)
Government will force you to vote
c)
You will be fined and jailed
d)
Your citizenship is taken away for a year
36.
How would you classify an airplane?
a)
Non-renewable/Natural
b)
Physical/Labor
c)
Durable/Capital
d)
Renewable/Capital
37.
Which is a common characteristic of a Communist government?
a)
Features the most personal freedom
b)
Rule by Many
c)
One political party is in charge
d)
Voters elect representatives
38.
Who has a right to say what goes on in the US government (aka vote)?
a)
Absolutely everyone
b)
Every adult citizen, with some restrictions
c)
Only people who own property
d)
Only men over the age of 30
39.
Which of the following is considered non-renewable?
a)
Cotton
b)
Coal
c)
Water
d)
Sunlight
40.
What is scarcity?
a)
One who uses goods and services.
b)
An economic system where economic decisions are based on tradition and customs.
c)
Things or items we use that are produced.
d)
Not enough productive resources to provide all the services for a country
41.
Which level of industry involves making products using natural resources?
a)
Primary
b)
Secondary
c)
Tertiary
d)
Quaternary
42.
Which level of industry involves gathering information and research to make improvements?
a)
Primary
b)
Secondary
c)
Tertiary
d)
Quaternary
43.
Which the definition of a wholesale industry?
a)

Satisfying people's wants and needs

b)

Cultivating plants and animals

c)
Selling goods directly to consumers
d)
Selling goods to businesses or retailers
44.
Why do we have global interdependence? (Meaning to depend on other countries to satisfy some needs)
a)
Because we want to help less developed countries
b)
Because every country can't produce every item that they need
c)
Because we have too much extra and need to get rid of it
d)
None of the above
45.
In socialism, the government distributes money among all members of society so that people’s basic needs are met. What does this lead to?
a)
Lower taxes
b)
More money for everyone
c)
Higher taxes
d)
Less help from the government
46.
All of the following are PUSH factors (negative) except which?
a)
Unemployment
b)
Crop failure
c)
Better education
d)
Poor health care
47.
If the iPhone 8 supply DECREASES, what will follow?
a)
Demand decreases/Price decreases
b)
Demand increases/Price increases
c)
Demand decreases/Price increases
d)
Demand increases/Prices decreases
48.
Where do we see a larger percentage of urban populations?
a)
More developed countries
b)
Less developed countries
c)
Countries with more agriculture
d)
Nowhere
49.
In which form of government do leaders not have to obey their own laws?
a)
Limited governments
b)
Unlimited governments
50.
What is a small group called who controls the entire government?
a)
Dictator
b)
Oligarchy
c)
Representative
d)
Parliament
51.
What is the purpose of all economic systems?
a)
To distribute all goods and services equally among citizens
b)
To organize production, distribution and consumption of goods and services
c)
For private businesses to be able to compete with each other with little control by the government
d)
To provide all of the resources that the country needs with no help from others 
52.
Which is generally TRUE of a less developed country?
a)
A small rural population % with a focus on manufacturing.
b)
A large rural population based with an emphasis on commercial farming.
c)
A large rural population with the majority of farmers working at the subsistence level.
d)
A small rural population with a great deal of commercial farming.
53.
In which economic system does the government make the economic decisions and owns MOST of the property?
a)
Market economy
b)
Traditional economy
c)
Mixed economy
d)
Command economy
54.
In which economic system are decisions made based on how things have been done in the past?
a)
Command economy
b)
Mixed economy
c)
Traditional economy
d)
Market economy
55.
In which economic system are resources owned by private citizens and economic answers come from the citizens participating in the economy?
a)
Market economy
b)
Command economy
c)
Traditional economy
d)
Mixed economy
56.
What is ANOTHER name for a market economy?
a)
capitalism
b)
laissez-faire
c)
free enterprise
d)
ALL of the Above
57.
Which ECONOMIC INDICATOR tells the TOTAL amount of money a country generates in a year?
a)
per capita GDP
b)
literacy rate
c)
gross domestic product
d)
infant mortality rate
58.
Which ECONOMIC INDICATOR tells what the average person in a country earns in a year?
a)
Gross Domestic Product
b)
Literacy Rate
c)
% of population under the age 15
d)
per capita GDP
59.
What TYPE of farming produces ONLY enough to feed the farmer's family?
a)
Commercial farming
b)
Subsistence farming
c)
Share-cropping
d)
Terrace farming
60.
What TYPE of farming produces enough to sell for a profit?
a)
Commercial farming
b)
Subsistence farming
c)
Share-cropping
d)
Tenant farming
61.
What ECONOMIC INDICATOR tells the percentage of people in a country that can read and write?
a)
Life expectancy
b)
Literacy rate
c)
% urban population
d)
Infant mortality rate
62.
For a country to be considered DEVELOPED, which economic indicator should be LOW?
a)
labor force % in agriculture
b)
literacy rate
c)
life expectancy
d)
ALL of the Above
63.
For a country to be considered DEVELOPED, which of the following economic indicators should be HIGH?
a)
% of population under age 15
b)
Infant mortality rate
c)
% urban population
d)
Labor force % in agriculture
64.
When a country is considered DEVELOPING (or less developed), which economic indicator tends to be LOW?
a)
ALL of the Above
b)
Literacy rate
c)
per capita GDP
d)
Life expectancy
65.
When a country is considered to be DEVELOPING (or less developed), which economic indicator is usually HIGH?
a)
Literacy Rate
b)
Life Expectancy
c)
Infant Mortality Rate
d)
% Urban Population
66.
What fraction of the world's population lives in DEVELOPED countries?
a)
1/4
b)
1/3
c)
1/2
d)
3/4
67.
Your government has told you to produce 5,000 pairs of tennis shoes this year and to sell them for $20 a pair. What ECONOMIC SYSTEM is this?
a)
Traditional
b)
Market
c)
Command
d)
Mixed
68.
Different airlines charge different prices for flights, but ALL airlines have to follow FAA government regulations. What ECONOMIC SYSTEM is this?
a)
Traditional
b)
Market
c)
Command
d)
Mixed
69.
What TYPE of Industry is shown here?
a)
Agriculture
b)
Retail
c)
Wholesale
d)
Manufacturing
70.
What TYPE of Industry is shown here?
a)
Service
b)
Retail
c)
Wholesale
d)
Manufacturing
71.
What TYPE of Industry is shown here?
a)
Service
b)
Retail
c)
Wholesale
d)
Agriculture
72.
What TYPE of Industry is shown here?
a)
Service
b)
Retail
c)
Wholesale
d)
Agriculture
73.
What TYPE of Industry is shown here?
a)
Service
b)
Retail
c)
Manufacturing
d)
Agriculture
74.
What TYPE of Industry is shown here?
a)
Service
b)
Retail
c)
Manufacturing
d)
Agriculture
75.
In which form of government do people elect representatives to manage the country and make the laws?
a)
Representative Democracy
b)
Anarchy
c)
Theocracy
d)
Communism
76.
In which form of government does a KING or QUEEN govern with supreme authority over ALL matters of the country?
a)
Constitutional Monarchy
b)
Communism
c)
Anarchy
d)
Absolute Monarchy
77.
Which form of government would most likely be led by a powerful DICTATOR?
a)
Representative Democracy
b)
Communism
c)
Constitutional Monarchy
d)
Fascism
78.
Which form of government would most likely be led by a king or queen with great power?
a)
Direct Democracy
b)
Fascism
c)
Communism
d)
Absolute Monarchy
79.
Which form of government would most likely be led by an elected President?
a)
Fascism
b)
Communism
c)
Theocracy
d)
Representative Democracy
80.
In which form of government is the King or Queen the head of state, but a PARLIAMENT makes the laws?
a)
Constitutional Monarchy
b)
Representative Democracy
c)
Fascism
d)
Anarchy
81.
Which form of government is a system in which factors of production are owned and directed by the government?
a)
Theocracy
b)
Communism
c)
Anarchy
d)
Representative Democracy
82.
Which form of government is a political and economic theory of social organization that endorses community ownership of ALL means of production?
a)
Fascism
b)
Direct Democracy
c)
Socialism
d)
Anarchy
83.
Which term refers to "rule by the few?"
a)
Democracy
b)
Monarchy
c)
Theocracy
d)
Oligarchy
84.
Which form of government is ruled by a religious group?
a)
Direct Democracy
b)
Representative Democracy
c)
Theocracy
d)
Constitutional Monarchy
85.
Which of the following is a characteristic of LIMITED government, such as democracy?
a)
Laws
b)
Individual freedoms and rights
c)
Civic participation
d)
All of the Above
86.
Which form of government is used by Cuba and North Korea?
a)
Direct Democracy
b)
Communism
c)
Absolute Monarchy
d)
Theocracy
87.
What is the greatest STRENGTH of Representative Democracy?
a)
It features the most liberty and personal freedom.
b)
A poor nation can gain economic growth more rapidly.
c)
It features the unity of those who follow the same faith.
d)
None of the Above
88.
Which form of government is characterized by violence and chaos?
a)
Socialism
b)
Communism
c)
Representative Democracy
d)
Anarchy
89.
Which of the following is considered "Rule by One?"
a)
Absolute Monarchy
b)
Constitutional Monarchy
c)
Representative Democracy
d)
Communism
90.
Which is considered "Rule by Few?"
a)
Direct Democracy
b)
Oligarchy
c)
Representative Democracy
d)
Socialism
91.
Which is considered "Rule by Many?"
a)
Representative Democracy
b)
Fascism
c)
Anarchy
d)
Absolute Monarchy
92.
Which is considered "Rule by MANY?"
a)
Anarchy
b)
Constitutional Monarchy
c)
Fascism
d)
Communism
93.
Which of the following forms of government features UNLIMITED power?
a)
Absolute Monarchy
b)
Direct Democracy
c)
Representative Democracy
d)
Constitutional Monarchy
94.
Which of the following is BOTH a right and a responsibility?
a)
Obeying the law
b)
Celebrating a religious holiday
c)
Getting a good grade in school
d)
Voting in an election
95.
Voting allows decisions to be made based on...
a)
...the opinion of the majority
b)
...what a few powerful people want
c)
...the needs of a small minority
d)
...what the President thinks is best
96.
Which civic duty of citizens is BEST depicted here?
a)
the freedom of speech
b)
the right to bear arms
c)
the right to protest
d)
the right to vote
97.
Voting is an example of civic participation most commonly associated with which type of government?
a)
Absolute Monarchy
b)
Fascism
c)
Theocracy
d)
Representative Democracy
98.
What are the people in the picture most likely trying to accomplish?
a)
Trying to influence other people's viewpoints on an issue.
b)
Attempting to violently overthrow the government.
c)
Showing their support for the government.
d)
None of the Above
99.
Which of the following forms of government feature leaders with UNLIMITED power?
a)
All of the Above
b)
Communism
c)
Dictatorship
d)
Oligarchy
100.
Name the form of government...
a)
Communism
b)
Socialism
c)
Constitutional Monarchy
d)
Direct Democracy