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Lecture 2nd Vocabulary list-1st & 2nd World

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.

The Soviet Union is/was

a)

a) now called Russia

b)

b) officially the Union of Soviet Socialist Republics (USSR)-- a communist state that spanned Eurasia from 1922 to 1991.

c)

both a) and b) are correct

2.

align means

a)

use a map to find

b)

hang up on a hanger

c)

give support to (a person, organization, or cause).

3.

ally (allies) means

a)

a) (noun) a state formally cooperating with another for a military or other purpose.

b)

b) (verb) combine or unite a resource or commodity with (another) for mutual benefit.

c)

both a and b are correct

4.

The standard of living means:

a)

the level of your status in society or social class ranking

b)

the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area

5.

Corruption in government means:

a)

dishonest or illegal behavior involving a person in a position of power, for example, accepting money for doing something illegal or immoral;

b)

rule of law

6.

Examples of infrastructure include:

a)

roads, & bridges, airports, hospitals, schools, and libraries

b)

transportation systems, parks, government systems

c)

electric, water, and communication systems

d)

all of these are infrastructure

7.

Corruption in government means:

a)

a) illegal, bad, or dishonest behavior, especially by people in positions of power

b)

b) dishonest or illegal behavior involving a person in a position of power, for example, accepting money for doing something illegal or immoral

c)

both a) and b) are correct

8.

Rule of Law means:

a)

a) a set of laws that people in a society must obey:

b)

b) the concept that no one is above the law – it is applied equally and fairly to both the government and citizens.

c)

both a) and b) are correct

9.

stable means

a)

a horse trainer

b)

a kind of horse

c)

firmly fixed or not likely to move or change

10.

democracy means

a)

a) control of an organization or group by the majority of its members.

b)

b) government by the people

c)

c) the belief in freedom and equality between people, or a system of government based on this belief, in which power is either held by elected representatives or directly by the people themselves

d)

all answers are correct

11.

capitalism means

a)

an economic and political system in which property, business, and industry are controlled by private owners rather than by the state, with the purpose of making a profit

b)

the major city in a country, state, or prefecture

12.

currency means

a)

the flow of the ocean that goes up and down according to the pull of the moon

b)

a system of money in general use in a particular country.

13.

financial markets mean...

a)

a store that sells food from different countries

b)

any place or system that provides buyers and sellers the means to trade financial instruments, including bonds, stocks, the various international currencies, etc.

14.

investment means

a)

An investment is an asset or item acquired (such as stock) with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset. 

b)

a kind of vest to wear under a suit jacket

15.

capital inflows mean...

a)

the time when a boat returns to the fishing port

b)

the amount of capital coming into a country, for example in the form of foreign investment.

16.

a free market is...

a)

a store for trading good--you don't have to pay, the goods are free

b)

an economic system with only a small amount of government control, in which prices and earnings are decided by the level of demand for, and production of goods and services

17.

private enterprise means...

a)

the economic system that is based on the principle of companies being owned privately, rather than by the government

b)

the starship in the TV series and Startrek movie series

18.

The first world means...

a)

a) First world," a term developed during the Cold War in the 1950s, originally referred to a country that was aligned with the United States and other western nations in opposition to what was then the Soviet Union and its allies.

b)

b) an outdated description that is better replaced with "industrialized" or "developed" country.

c)

both a) and b) are correct

19.

The second world was/is...

a)

a) was the so-called Communist Bloc: the Soviet Union, China, Cuba, and friends.

b)

b) an outdated description that is better replaced with descriptions that fit each country

c)

both a) and b) are correct

20.

the third world was/is...

a)

a) was most of Africa, Asia, the Middle East, and Latin America

b)

b) is a disparaging description

c)

c) is better replaced with descriptions that fit each country or region

d)

all answers are correct

21.

regime means...

a)

a) a government, especially an authoritarian one.

b)

b) the ruling government of a country.

c)

both answers are correct

22.

ideology means...

a)

a) a system of ideas and ideals, especially one which forms the basis of economic or political theory and policy.

b)

b) A system of beliefs or theories, usually political, held by an individual or a group. Capitalism, communism, and socialism are usually called ideologies

c)

both answers are correct

23.

disparage means...

a)

a) to speak of as unimportant or bad

b)

b) If you disparage someone or something, you speak about them in a way which shows that you do not have a good opinion of them

c)

c) ディスる

d)

all answers are correct

24.

per-capita income means...

a)

Per capita income is a measure of the amount of money earned per person in a nation or geographic region

b)

a measure of the size of a country's main city

25.

distribution of wealth means...

a)

how many rich people there are in a country

b)

the way in which the wealth and income of a nation are divided among its population

26.

literacy means...

a)

can read and write

b)

can speak and listen

27.

The literacy rate of country means...

a)

the percentage of the population of a certain age group who can read and write

b)

the number of people who own books in a country

28.

prosperous means...

a)

a) successful, especially in a financial or material way. It can be used to describe people, groups, or institutions like businesses

b)

b) wealthy, rich, profitable

c)

both answers are correct

29.

industrialization means...

a)

process by which an economy is transformed from a primarily agricultural one to one based on the manufacturing of goods

b)

having a lot of farms and animals

30.

industry means...

a)

a kind of factory

b)

economic activity concerned with the processing of raw materials and manufacture of goods in factories.