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cartypoos quiz

Total questions: 25

Worksheet time: 2mins

Name
Class
Date
1.

What govt. is south korea

a)
Dictatorship
b)
Democratic Republic
c)
Monarchy
d)
Anarchy
2.

What govt. is north korea

a)
Democracy
b)
Single-party state
c)
Constitutional Monarchy
d)
Anarchy
3.

China is a communist

(a)  

4.

what is entrepreneurship

a)
Entrepreneurship is the process of investing in existing businesses
b)
Entrepreneurship is the process of designing, launching, and running a new business, often initially a small business.
c)
Entrepreneurship is the process of avoiding risks and challenges in business
d)
Entrepreneurship is the process of only focusing on making profits
5.

what is an exchange rate

a)
The value of one currency for the purpose of conversion to another
b)
The rate at which stocks are traded on the stock exchange
c)
The cost of exchanging currency at a bank
d)
The interest rate for exchanging foreign currency
6.

what OPEC

a)
Oil Production and Exporting Corporation
b)
Overseas Petroleum Exporting Consortium
c)
Organization of the Petroleum Exporting Countries
d)
Organization of Petroleum Exporting Countries
7.

draw the Chinese flag

8.

what is a literacy rate

a)
The literacy rate is the percentage of people in a specific area who can read and write.
b)
The literacy rate is the percentage of people who can speak multiple languages
c)
The literacy rate is the average age at which people learn to read
d)
The literacy rate is the number of books in a library
9.

what is capital

a)
A type of punishment for criminals
b)
A city that serves as the seat of government
c)
The most important letter in the alphabet
d)
Financial assets or the financial value of assets
10.

what is GDP

a)
GDP is the total value of all goods and services produced within a country's borders in a specific time period.
b)
GDP is the total number of people living in a country
c)
GDP is the amount of gold reserves a country has
d)
GDP is the average income of the citizens in a country
11.

what is human capital

a)
Human capital is a type of financial asset
b)
Human capital refers to the physical characteristics of a person
c)
Human capital is the skills, knowledge, and experience possessed by an individual or population.
d)
Human capital is the amount of money a person has
12.

what is a tarrif

a)
A tariff is a tax or duty to be paid on a particular class of imports or exports.
b)
A type of dance move
c)
A type of weather phenomenon
d)
A type of bird
13.

what is a embargo

a)
A type of dance
b)
A type of food
c)
A type of clothing
d)
A government order that restricts commerce or trade
14.

how many communist states are there in the world

a)
10
b)
7
c)
5
d)
3
15.

what is a quota

a)
A limited or fixed number or amount of people or things
b)
A type of fish found in the ocean
c)
A musical instrument played in orchestras
d)
A type of clothing worn in certain cultures
16.

which country is a communist state

a)
China
b)
United States
c)
Japan
d)
Germany
17.

Which country is north of south korea

a)
South Korea
b)
Japan
c)
China
d)
North Korea
18.

what economy is south korea

a)
command economy
b)
traditional economy
c)
market economy
d)
mixed economy
19.

which country is south to north korea

a)
East Korea
b)
West Korea
c)
Central Korea
d)
South Korea
20.

what is the point of the tarrif

a)
To increase international trade
b)
To reduce government revenue
c)
To promote economic equality
d)
To protect domestic industries and jobs
21.

who is north koreas leaders name

a)
Kim Jong-il
b)
Moon Jae-in
c)
Kim Jong-un
d)
Park Geun-hye
22.

after how many years do the national party congress elect new members in china

a)
every ten years
b)
every two years
c)
every three years
d)
every five years
23.

is there any purely market or pure command countrys in the world

a)
Yes
b)
No
24.

what is south korea economic system

a)
Mixed economy
b)
Socialism
c)
Capitalism
d)
Communism
25.

draw north koreas flag