WorksheetsStudies Weekly #27
Total questions: 20
Worksheet time: 13mins
Which economic system is totally dependent on the government?
traditional
command
market
mixed
Which business would be a good one to start if you were an entrepreneur in India?
farming
making clothes
computer service
making furniture
If you can read and write you would be considered ___________.
literate
illiterate
an entrepreneur
a natural resource
Today the US enforces (a) against (b) countries.
When did Asian economic growth start?
when Bangladesh became a success
when India promoted entrepreneurs
when the Chinese began migrating
when the literacy rate increased
What does the word entrepreneurship mean?
working with technology
between the ages of 19-35
being supported financially
starting and owning a business
What are embargoes, tariffs, and quotas?
trade deficits
trade barriers
incentives
none of these
Which term refers to a limit placed on the amount of an item that can be imported into a country?
tariff
quota
embargo
tax
What is used to protect American farmers by making imported goods more expensive?
quota
embargo
tariff
boycott
When a country ______________ in something - it means they can produce it better, cheaper and quicker than other countries can.
specializes
introduces
imports
none to these
Which economy is the most basic?
mixed
command
traditional
market
Which economy is based on the wants and needs of the consumers?
command
market
mixed
traditional
This country has become a success! Since the 1970's it has changed from a command economy to a market economy. Which country is it?
India
United States
Bangladesh
Turkey
The term human capital refers to...
incentives and training
education and training
education and quotas
innovation
All of these are incentives EXCEPT which one?
raise
bonus
domestic
higher position
What is called an index of how successful a country's economy is?
GCF
GPC
GPD
GDP
The largest working -age _________ is in South Asia.
laws
population
constitutions
business
The (a) trade is a moneymaker for the economy, but (b) has increased soil erosion, (c) and (d) of wildlife.
In India 93% of the water is used for______.
timber
the population
industry
agriculture
The (a) location and its (b) resources make the (c) a great spot for (d) (e) .
