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Worksheets3.6 QUIZZIZZ REVIEW-POL-ECON-10A-10C-11A-11B-14C
Total questions: 55
Worksheet time: 55mins
A system in which decisions regarding the production and distribution of goods are made by a central authority is known as a (WG.10A)
Mixed economy
Command economy
Socialist economy
Traditional economy
In which economic system do market mechanisms most affect the price of goods and services, with only limited involvement from a central authority? (WG.10A)
Command
Socialist
Free enterprise
Traditional
An economic system in which markets and central authority both play a role in the production and distribution of goods and heavy taxation funds extensive social services would be best described as (WG.10A)
Command
Socialist
Free enterprise
Traditional
Which is a central characteristic of a free market economy? (WG.10A)
The government owns the means of production.
All wage earners are paid the same amount.
Labor unions are prohibited.
Businesses are driven by the desire for profit.
A supporter of the economic system found in this country would most likely agree with which statement? (WG.10A)
All nations can benefit from cottage industries.
Revolution is the only solution to current economic problems.
A planned economy is necessary in order to industrialize.
Government should limit its interference in the economy.
In a socialist economic system, the government __WG.10A
Has little say in what goods are made
Does not influence the distribution of goods and services.
Guarantees all consumers a high income
Often owns major businesses.
Which heading best completes the partial outline to the right? WG.10A
Types of Economic Systems
Characteristics of a Free Enterprise System
Structure of a Socialist Economic System
Cottage Industries
Until the 1980s, India’s economic system was best described as ____________, featuring heavy regulation and government ownership of major industries. (WG.10A)
Free enterprise
Communist
Socialist
Dirigiste
The features listed are associated with (WG.10A)
Socialism
Communism
Capitalism
Free Enterprise
Which of the choices below describes the role of government in a free-enterprise (capitalist) economy? (WG.10A)
The government owns major industries and operates within a somewhat strict regulatory framework.
The government regulates industry by creating policies to protect workers and consumers but does not directly own the means of production.
The government controls and operates all sectors of the economy.
The government only upholds contracts and acts to prevent fraud committed by firms and consumers.
The United States economy has strong manufacturing and agriculture sectors, and it is based on free enterprise. In this economic system —WG.10A
everyone shares equally in profits generated
the government controls production and sales
private individuals own resources and profits
no regulations are placed on production or sales
In the early 1990s, Russia moved from a — (WG.10A, WG.23B)
socialist system to a communist system
free enterprise system to a socialist system
socialist system to a free enterprise system
communist system to a free enterprise system
A government that plays a large role in its country’s economy and sets a social minimum by providing extensive welfare services, such as health care and education, would best be described as (WG.10A)
Corporatist
Fascist
Socialist
Communist
A key principle of the economic theory of communism is — (WG.10A)
following the traditions of ancestors
competition between producers for a profit
government ownership of the means of production
privatization of business to promote growth
Which statement describes the free enterprise system? WG.10A
There is private ownership of businesses with the intent to make a profit.
Government intervenes in allocating goods, resources, and prices.
Government controls and distributes ownership of all business activity.
Production of goods and services is determined by a central government
Who owns most of the resources, technology, and businesses in a free enterprise system? 10A
Private Individuals
Local Government
Federal Government
Nonprofit Organizations
In a Communist Economy who controls the allocation of the resources? 10A
The citizens
The ruling party
The King and or Queen
McDonalds
The images shown are examples of — (WG.10C)
commercial industry and commercial agriculture
commercial industry and subsistence agriculture
cottage industry and commercial agriculture
mass production and subsistence agriculture
The practice of spinning cotton cloth at home is best categorized as an example of (WG.10C)
Cottage industry
Commercial industry
Subsistence agriculture
Pastoralism
The majority of the world’s population that is involved in agriculture is involved in what TYPE of agriculture? (WG.10C)
Pastoral nomadism
Mediterranean agriculture
Shifting cultivation
Subsistence farming
A system in which families produce, bottle, and sell soy sauce to neighbors could be best described as a(n) (WG.10C)
Commercial industry
Cottage industry
Quaternary activity
Secondary activity
Crops grown on plantations, with heavy use of tractors, combines, storage facilities, and other capital inputs would be best described as (WG.10C)
Commercial agriculture
Slash-and-burn agriculture
Nomadic pastoralism
Subsistence agriculture
The BRICS economies (Brazil, Russia, India, China, and South Africa) are all examples of (WG.11A)
More developed countries
Less developed countries
Newly industrialized countries
Underdeveloped countries
Tertiary activity includes (WG.11A)
Management industries
Agriculture
Services
Extracting raw materials
Which of the following sectors of the economy grows the fastest as a country industrializes? (WG.11A)
Primary
Tertiary
Quaternary
Secondary
All of the following are examples of infrastructure that support economic activity EXCEPT (WG.11A)
Water transportation
Inventory of goods
Telephone systems
Electricity
In contrast to primary activity, secondary activity is less dependent on (WG.11A)
Labor supplies
Friction of distance
Reliability of transportation
Location of natural resources
A country in which most people work in either service or information industries and enjoy a high standard of living is a(n) (WG.11A)
Newly industrialized country
Industrializing country
More developed country
Less developed country
Retail and customer service are examples of ___ economic activity, which is more heavily concentrated in ___ economies. (WG.11A)
Primary, less developed
Tertiary, newly industrialized
Tertiary, more developed
Secondary, more developed
Agricultural production, mining and other forms of resource extraction are examples of _________ economic activity. (WG.11A)
Primary
Secondary
Tertiary
Quaternary
Production of clothing from textiles, assembling automobiles, and manufacturing medical equipment are all examples of ___________ economic activity. (WG.11A)
Primary
Secondary
Tertiary
Quaternary
Computer programming and information technology are examples of (WG.11A)
Primary activity
Secondary activity
Tertiary activity
Quaternary activity
A less developed country is taking the first steps toward industrialization. It is building factories that will be used to manufacture appliances. The country is moving into — (WG.11A)
Primary activities
Secondary activities
Tertiary activities
Quaternary activities
Which type of economic activity is represented by the growing of cotton? (WG.11A)
Primary
Secondary
Tertiary
Quaternary
What was one reason for the conflict referred to in this report? 14C
The International Criminal Court issued warrants for suspected war criminals living in the region.
Different groups had competing claims over land in the region.
Ethnic groups competed for control of the region’s natural resources.
The United Nations imposed immigration reforms in some countries in the region.
What is the main purpose of the Organization of Petroleum Exporting Countries (OPEC)? 14C
It stores reserves of a natural resource.
It offers military support to threatened member countries.
It controls the global distribution of a natural resource.
It provides economic assistance to member countries through loans.
. The Suez and Panama Canals were built to (WG. 14C)
Allow faster transportation of good and people.
Connect allied states during conflicts.
Facilitate troop movements in wartime.
Create jobs in the countries in which they were built.
One historical example of a conflict involving disputes related to both territory and natural resources, such as water, is (WG. 14C)
The Bangladesh Liberation War
The East Timorese Crisis
The Israeli-Palestine Conflict
All of the above
_____________ is an organization of states that share certain legal and economic structures, including a common market and currency. Citizens of member countries may travel to another member countries without passports. (WG. 14C)
European Union (EU)
League of Nations
United Nations (UN)
Commonwealth of Independent States (CIS)
The _______________ is an international organization dedicated to fostering cooperation in international law, social progress, human rights, and aspirations to achieve world peace. (WG.14C)
North Atlantic Treaty Organization (NATO)
World Trade Organization (WTO)
United Nations (UN)
European Union (EU)
In 1999, Turkey was recognized as a candidate for full membership in the European Union. Turkey’s primary goal in making this membership bid is to benefit from — 14C
technological advances made by trading partners.
increased humanitarian assistance from member countries.
greater access to markets within the organization.
military assistance from member countries in times of conflict.
Which statement is best supported by the evidence in the image?
The number of U.S. troops in Afghanistan reached it lowest levels in November 2008.
The number of U.S. troops stationed in Afghanistan has remained generally the same from 2001 to 2009.
Travel within Afghanistan became less safe between June 2003 and January 2010, even though U.S. troop strength rose.
Those areas of Afghanistan where U.S. troops strength was greatest posed the least degree of risk for travelers.
Which resource has most contributed to China's role as an important world power, influencing international relations in the twenty-first century? JS.45 WG.14C
vast petroleum reserves
the world's largest population
the world's leading universities
advanced weapons systems
What is the best title for the chart? (WG.11B) (WG.22C)
Commercial Agriculture
Subsistence Farming
Developing Economy
Cottage Industry
Which of the following strategies have the “East Asian Tigers” used most successfully in their economic development? (WG.11B)
Import-substitution industrialization
Deglomeration
Sustainable development
Export-oriented industrialization
A large, highly educated population provides an example of (WG.11B)
Human resources
Social capital
Natural resources
Brain drain
Which of the following is NOT an example of infrastructure? (WG.11B)
Railroads
Airports
Electrical power stations
Shopping centers
Which of the following is NOT a capital resource? (WG.11B)
Heavy manufacturing technology
Transportation systems
Communication systems
Iron Ore
Which conclusion is best supported by the information in these examples? 11B
Major urban centers are usually found only along rivers.
Technology has little effect on economic activities.
The physical geography of an area often affects its economic activities.
Natural resources are more important than climate to economic activities.
Which of the following would be most likely to influence a factory owner’s decision to relocate his or her plant? (WG.11B)
All other answers
Proximity to transportation corridors
Access to capital resources
Availability of labor
Cottage industries, bartered goods, and subsistence agriculture are more likely to be found in (WG.11B)
Socialist economies
Free enterprise economies
Traditional economies
Command economies
