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WorksheetsQuarter 3 Benchmark Review
Total questions: 70
Worksheet time: 41mins
What is NOT an effect of the Treaty of Versailles?
Germany had to pay reparations
Land had to be given up
Limit military build up
stop trade
Which is an example of a quota?
China allows only 345,000 Ford Mustangs into their country each year.
China charges 7.9% tax on Ford Mustangs imported into their country.
China refuses to buy Ford Mustangs from the USA.
China puts a tax on all exports to the USA.
Which is an example of an embargo?
China allows only 345,000 Ford Mustangs into their country each year.
China charges 7.9% tax on Ford Mustangs imported into their country.
China refuses to buy Ford Mustangs from the USA.
China puts a tax on all exports to the USA.
Which is an example of an tariff?
China allows only 345,000 Ford Mustangs into their country each year.
China charges 7.9% tax on Ford Mustangs imported into their country.
China refuses to buy Ford Mustangs from the USA.
China puts a tax on all exports to the USA.
What does it mean for a business to specialize in a particular good or service?
Countries should import resources to produce their goods at higher prices.
Countries should use their own resources to produce goods more efficiently and at lower prices.
Countries should produce as many different things as they can. They should be good at everything.
Countries should not worry about specialization because it leads to increased prices and less competition.
Lisa started a small business selling t-shirts. She used her home as the place to start the business. She purchased the shirts from a company in Haiti. After selling a large amount of t-shirts, Lisa hired her cousins to help package and ship the t-shirts to customers.
In this scenario, Lisa would be an example of a(n) ________________.
Entrepreneur
Natural Resource
Human Capital
Physical Capital
In this scenario, the cousins that helped package and ship the t-shirts are examples of _____________.
Entrepreneur
Natural Resource
Human Capital
Physical Capital
The soil and water used to grow the cotton to make the t-shirts are examples of _________________.
Entrepreneur
Natural Resource
Human Capital
Physical Capital
Which are examples of capital goods?
Iron ore, silver, wood, diamonds.
On the job training, public education.
Technology, machinery, buildings, tools.
Starting your own business or inventing something new.
How does literacy rate affect standard of living?
It has no effect.
The lower the literacy rate the higher the standard of living.
The higher the literacy rate the higher the standard of living.
The higher the literacy rate the lower the standard of living.
What is standard of living?
The level of material comfort as measured by the goods, services, and luxuries available to an individual, group or nation.
The level of goods measured by how many individuals, groups, or nations export each year.
The measure of how long you live.
The measure of how long you stay in school.
What is Gross Domestic Product?
The value of all goods and services imported into a country in a year.
The value of all the services provided within a country in a year.
The value of all goods produced in a country in a year.
The value of all goods and services produced in a country in a year
Which houses belong to United Kingdom?
House of Representatives and Senate
State Duma and Federal Council
House of Lords and House of Commons
Bundestag and Bundesrag
Which houses belong to Russia?
House of Representatives and Senate
State Duma and Federal Council
House of Lords and House of Commons
Bundestag and Bundesrag
The MOST pressing environmental concern for the residents of Brazil is
industrial air pollution
increasing water scarcity
transboundary pollution from Bolivia
the destruction of the Amazon Rainforest
Define arable land
Suitable land for growing crops
Land where crops cannot be grown
Land by the ocean
Land that is covered in sand
Cuba has little natural resources. What are their options?
There's nothing they can do
Export any natural resources they have
Import natural resources from neighboring countries
In what way does poverty in Latin America affect the US?
people migrate to US for a better life
it increases trade between US and Latin America countries
people from US emigrate to Latin American countries
the US has threatened to declare war on some Latin American countries
The cartel is associated with which U.S. initiative?
The Great Depression
War on Drugs
Cuban Missile Crisis
The Cold War
How did WWII begin?
With the Zimmerman telegram
With the sinking of the Luisitania
When Hitler invaded Poland
When the Archduke was assassinated.
How many years passed between WWI and WWII?
10
15
30
20
Which of the following did NOT add to Germany's aggression from the signing of the Treaty of Versailles?
having to pay large amounts to other European countries
surrendering land back to other European
requiring democratic elections of all German leaders
limiting the size of the German army
What is an alliance?
A formal agreement between countries
A trading relationship
Two countries that each other
Countries that go to war
By the end of the Revolution, the country of Russia had a new name. What was it?
The Soviet Union, or the USSR
The Communist Union
Poland
Russoland
The three countries involved with NAFTA.
USA, Canada, Mexico
USA, United Kingdom, Canada
Canada, Brazil, Mexico
USA, Cuba, Canada
