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Government and Economics Vocabulary TEST

Total questions: 50

Worksheet time: 25mins

Name
Class
Date
1.

The skills, knowledge, and experience of an individual or population.

a)

capital goods

b)

entrepreneurship

c)

human capital

d)

GDP

2.

being very poor

a)

literacy rate

b)

economy

c)

standard of living

d)

poverty

3.

the percentage of people in a country who can read and write

a)

poverty

b)

literacy rate

c)

GDP

d)

natural resources

4.

setting up a business, taking on financial risks in the hope of making money

a)

poverty

b)

capital goods

c)

entrepreneurship

d)

economy

5.

the value of ALL goods and services of a country

a)

GDP

b)

literacy rate

c)

human capital

d)

standard of living

6.

goods that are used in producing other goods

a)

capital goods

b)

GDP

c)

standard of living

d)

natural resources

7.

the money and things available to you

a)

GPD

b)

standard of living

c)

natural resources

d)

poverty

8.

minerals, forests, water, and fertile land that occur in nature

a)

entrepreneurship

b)

capital goods

c)

literacy rate

d)

natural resources

9.

This type of economy means that people grow their own food, make their own clothes, and do things like their ancestors did. Usually found in very poor countries.

a)

Traditional

b)

Command

c)

Market

d)

Mixed

10.

In this type of economy the government makes ALL of the decisions.

a)

Market

b)

Mixed

c)

Traditional

d)

Command

11.

This type of economy allows for citizens to own businesses, for competition between countries, and gives people the opportunity to choose what they want to buy.

a)

Traditional

b)

Mixed

c)

Market

d)

Command

12.

This is the type of economy that ALL countries have in some degree or another.

a)

Command

b)

Mixed

c)

Market

d)

Traditional

13.

A tax put on goods imported from other countries.

a)

tariff

b)

literacy rate

c)

quota

d)

GDP

14.

A limit on the amount of a good that is imported

a)

poverty

b)

quota

c)

tariff

d)

economy

15.

What are trade barriers?

a)

Anything that slows down global trade.

b)

Walls that keep out animals.

c)

Places where you trade things.

d)

I have no idea (wrong answer!)

16.

government controlled by one person

a)

autocracy

b)

democracy

c)

oligarchy

d)

dictator

17.

government controlled by "the people"

a)

autocracy

b)

democracy

c)

oligarchy

d)

monarch

18.

ruler with total "power," usually gained by "force"

a)

vote

b)

legislature

c)

democracy

d)

dictator

19.

government controlled by a "few" people

a)

autocracy

b)

oligarchy

c)

democracy

d)

monarch

20.

monarch

a)

bouncy ball

b)

type of dog

c)

king or queen

d)

allowed to vote

21.

people "elected" to make "laws"

a)

monarch

b)

vote

c)

oligarchy

d)

legislature

22.

"cracy"

a)

government

b)

crazy

c)

monarch

d)

Hitler

23.

"demo(s)"

a)

dictator

b)

few

c)

people

d)

hungry

24.

"oli"

a)

lazy

b)

few

c)

many

d)

apple pie

25.

the wealth and resources of a country

a)

literacy rate

b)

human capital

c)

entrepreneurship

d)

economy

26.

If the GDP of a country is very high, what else is also probably very high?

a)

poverty

b)

coal

c)

standard of living

d)

literacy rate

27.

Which economies were at either end of the "arrow" that we call the Economic Continuum.

a)

Mixed and Traditional

b)

Command and Mixed

c)

Market and Command

d)

imports and exports

28.

Which country had the LOWEST "Overall" rating on the Index of Economic Freedom website that we looked at?

a)

United States

b)

Singapore

c)

Australia

d)

North Korea

29.

Which countries have a PURE market economy?

a)

USA, Canada, Great Britain, France

b)

India, China, North Korea, Russia

c)

Australia, Mexico, Egypt, Germany

d)

no countries have a pure market economy

30.

When one country refuses to trade with another country.

a)

export

b)

quota

c)

embargo

d)

market

31.

Citizens vote directly for the leader of the country.

a)

Presidential

b)

Parliamentary

32.

Leader is called President

a)

Presidential

b)

Parliamentary

c)

both

d)

neither

33.

Leader is called Prime Minister

a)

Presidential

b)

Parliamentary

c)

both

d)

neither

34.

Ruled by a dictator

a)

Presidential

b)

Parliamentary

c)

both

d)

neither

35.

Citizens are allowed to vote.

a)

Presidential

b)

Parliamentary

c)

both

d)

neither

36.

This is the type of democracy in the United States.

a)

Presidential

b)

Parliamentary

c)

both

d)

neither

37.

The type of democracy in Canada, Australia, and the UK.

a)

Presidential

b)

Parliamentary

c)

both

d)

neither

38.

The type of government in North Korea.

a)

Presidential

b)

Parliamentary

c)

both

d)

neither

39.

In this type of democracy, the legislature (Parliament) chooses the leader.

a)

Presidential

b)

Parliamentary

c)

both

d)

neither

40.

The leader is part of the legislature.

a)

Presidential

b)

Parliamentary

c)

both

d)

neither

41.

The leader is elected separately from the legislature and is NOT part of the legislature.

a)

Presidential

b)

Parliamentary

c)

both

d)

neither

42.

Who was president of the United States before Donald Trump?

a)

Bill Clinton

b)

George W. Bush

c)

Barack Obama

d)

George H. W. Bush

43.

Scott Morrison is the Prime Minister of which country?

a)

Australia

b)

United Kingdom

c)

Japan

d)

Canada

44.

Which Prime Minister of the United Kingdom did some students say looked like Donald Trump?

a)

Justin Trudeau

b)

Boris Johnson

c)

Kim Jong-Un

d)

George Washington

45.

Which of the following words could be used to describe Kim Jong-Un and North Korea? Choose the best 2 words.

a)

Elected leader

b)

autocracy

c)

democracy

d)

dictator

46.

When will you be allowed to vote in elections in the United States?

a)

When you own your own home.

b)

When your mommy says you can.

c)

When you have your own job.

d)

When you turn 18.

47.

True or False. Citizens of North Korea are allowed to vote for their leaders.

a)

True

b)

False

48.

True of False. Queen Elizabeth II of the United Kingdom is an absolute monarch with complete control over the government.

a)

True

b)

False

49.

Which three countries below have a Parliamentary Democracy? Choose all 3.

a)

United Kingdom

b)

United States

c)

Australia

d)

Canada

50.

Which is the correct website for the National Hurricane Center?

a)

www.nhc.noaa.gov

b)

www.hurricanes.com

c)

www.abc.def.ghi.jkl.mno.pqr.stu.vwx.gov

d)

www.welikerain.org