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Government and Economics in Southern and Eastern Asia

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.
The 3 questions of economics are: What to Produce, How to Produce, and ________________________.
a)
When to Produce
b)
For Whom to Produce
c)
How much to Produce
2.

__________________ is closest towards a Free Market economy on the continuum.

a)

North Korea

b)

South Korea

c)

China

d)

India

3.
Things used to produce other items for sale, such as machinery or seeds, are considered _______________
a)
Capital Goods
b)
Consumer Goods
c)
Human Resources
d)
Trade
4.
If a nation invests in Human Capital, the citizens will be more literate, have more training, and therefore ______________________
a)
decrease the GDP
b)
increase the GDP
c)
keep the GDP Neutral
d)
eliminate the GDP
5.
What allows nations to have access to products they cannot produce themselves?
a)
Embargos
b)
Natural Resources
c)
Trade
d)
Currency Exchange
6.
Focusing on producing a few things rather than producing everything.
a)
Trade
b)
Specialization
c)
Embargos
d)
Supply and Demand
7.

________________ is half way between Free Market and Command on the continuum.

a)

North Korea

b)

South Korea

c)

India

d)

Japan

8.
Why do we need a system for international  currency exchange?
a)
We trade with other nations that may use a different type of money than us
b)
we cannot read the writing on other nations currencies
c)
it is illegal for us to touch the money from other nations
d)
other nations do not allow their money to leave their boarders
9.
What do we call a person who takes financial risks to start a business with a new idea.
a)
an embargo
b)
a diplomat
c)
a laborer
d)
an entrepreneur 
10.
Citizens have no real role in selecting their leader in a
a)
Autocracy
b)
Oligarchy
c)
Democracy
11.
Citizens have a limited role in selecting their leader in a
a)
Autocracy
b)
Oligarchy
c)
Democracy
12.
Citizens have a direct role in selecting their leader in a
a)
Autocracy
b)
Oligarchy
c)
Democracy
13.

This branch of government in a democracy is responsible for making laws

a)

Legislative

b)

Executive

c)

Judicial

d)

Lawful

14.
Citizens vote directly for the Executive Leader/Chief Executive in a
a)
Presidential Democracy
b)
Parliamentary Democracy
c)
Autocratic System
d)
Oligarchic System
15.
Citizens vote for the members of a legislature, who then select the executive leader in a 
a)
Presidential Democracy
b)
Parliamentary Democracy
c)
Autocratic System
d)
Oligarchic System
16.

the ceremonial leader of a country in a parliamentary democracy is the...

a)

Head of State

b)

Head of Government

c)

Supreme Court

d)

Dictator

17.

the true power leader of a country in a parliamentary democracy is the

a)

Head of State

b)

Head of Government

c)

Supreme Court

d)

monarch

18.

Moon lives in a country that is holding national elections. He does not feel like his vote will make any difference because he knows that he is only allowed to vote for the current leader, and the other people on the ballot are only there for show. Moon most likely live in a

a)

Autocracy

b)

Democracy

c)

Oligrachy

19.
The main difference between a Presidential Democracy and a Parliamentary Democracy is...
a)
In a Parliamentary Democracy the Executive Leader does not answer to the legislature.
b)
in a Presidential Democracy the executive leader is separate from the legislature.
c)
In a Parliamentary Democracy the leader is always called "president."
d)
In a Presidential Democracy, the executive leader is selected by members of the legislature rather than the citizens.
20.

In an attempt to punish South Korea for developing WMDs, South Korea and other nations blocked North Korea from trading with them. North Korea now has a _________________ placed on their trade.

a)

tarrif

b)

quota

c)

embargo

21.

South korea focuses heavily on private citizens innovating in their economy. They encourage individual citizens to come up with new ideas, take risks, and start the high tech businesses that drive Israel's economy. South Korea therefore benefits greatly from _________________________.

a)

embargos

b)

diplomats

c)

laborers

d)

entrepreneurship

22.

Citizens have no real role in selecting their leader in _____________ since it is an Autocracy.

a)

North Korea

b)

South Korea

c)

Japan

d)

China

23.

Citizens vote for members of the Diet, who select the Prime Minister in ____________.

a)

South korea

b)

Japan

c)

China

d)

India

24.
This branch of government in a democracy is responsible for deciding if the laws are legal.
a)
Legislative
b)
Executive
c)
Judicial
25.
Citizens vote for the members of a legislature, who then select the executive leader in a 
a)
Presidential Democracy
b)
Parliamentary Democracy
c)
Autocratic System
d)
Oligarchic System
26.

The current Prime Minister of India holds the true power in the nation's Parliamentary Democracy because he is the __________________.

a)

Head of State

b)

Head of Government/Chief Executive

c)

Supreme Court

27.

Japan's emperor appears at ceremonial gatherings throughout the year, meets with diplomats, and signs official papers that the government sends over. The emperor, however, does not have any real power outside of these ceremonial duties in a parliamentary democracy because he is the _________________.

a)

Head of State

b)

Head of Government

c)

Supreme Court

28.

Dalia grew up in China under Mao Zedong. She knew that no matter what happened during the elections, only members of the CCP would be allowed to win elected positions in the government because they were the ones approved by the communist leadership. Based on this, Dalia's China was a ____________________.

a)

Autocracy

b)

Democracy

c)

Oligarchy

29.

Moon is the Prime Minister of his nation. He ____________________ have to answer to the Parliament since his nation has a Parliamentary Democracy.

a)

does not

b)

does

30.

Japan has a relatively efficient economy in Eastern Asia because it is based on the demands of the individual citizens. When people want something, companies work to supply it to them for a cost. Because of this there is little waste in the economy. Japan has a ____________________ economy with government oversight for protections, but not for productions decisions.

a)

Traditional

b)

Command

c)

Market