WorksheetsSocial Studies 10-1 RI3
Total questions: 68
Worksheet time: 52mins
Which of the following economic systems has the most in common with the current corporate practice of outsourcing jobs to workers in other countries?
Communism
Mercantilism
Capitalism
Democratic Socialism
Which of the following economic systems has the most in common with the current corporate practice of outsourcing jobs to workers in other countries?
Communism
Mercantilism
Capitalism
Democratic Socialism
In 1944, representatives from 44 Allied nations met to discuss the economic order of the globe when World War II finally ended. The result was the signing of an agreement which would see the establishment of a new international monetary system. This event which saw the signing of this agreement was called the
North Atlantic Treaty Organization
The Charlotte Town Accord
Bretton Woods Conference
the World Bank Accord
The ever increasing and developing interdependence of trade and economic activities between nations is best identified as economic
modern colonization
post-modern constructivism
contemporary imperialism
contemporary globalization
Which of the following two economists are best associated with the foundations of contemporary economic globalization?
Lenin & Owen
Hayek & Keynes
Smith & Marx
Engels & Smith
The desire to increase and protect the basic interaction of global economies through the importing and exporting of goods and services on a worldwide level is an example of
American corporate influence on European markets and national trade
the expansion of the free market into Eastern Bloc countries at the end of the Cold War
early interventions of economic globalization at the end of World War II
European and American agreements to trade only with each other for national gain
Economic globalization is a result of all of the following with the exception of
Decreased acculturation
Increased global trade
Decreased cost of global transport
Increased availability of communication systems
Which word or term best fills the blank in the statement?
interdependence
accomodation
globalization
free trade
The statement suggests that national economies will be replaced by
regional cartels
free trade zones
international monopolies
transnational corporations
_______________ includes businesses and individuals who use research, education, new ideas, and information technology for practical purposes. Which term best fills the blank?
Sustainable prosperity
The knowledge economy
Privatization
The GDP
The goal of the Kyoto Protocol is to encourage countries to
adapt to climate change
develop alternative fuel sources
reduce greenhouse gas emissions
develop hybrid crops for greater yield
The statement refers to a process known as
trade liberalization
consensus
free trade
sanctions
Which term refers to “interconnecting national economies to the extent that an event in one economy has a direct impact on all other economies”?
digital divide
sustainability
accountability
interdependence
Which of the following statements does NOT apply to the European Union?
Most obstacles to cross-border trading are eliminated.
Members can take advantage of opportunities created by economic globalization.
Members keep their national currency.
Goods, services, money and people can move easily between member countries.
The type of economic system described in the given quote is known as
socialism
communism
market economy
command economy
Which of the following statements about the contemporary world is most strongly supported by the stories associated with the given headlines?
International economic activity is increasing interdependence among nations
Nations that violate human rights often face sanctions by the international community
Nations that resist new technological developments will lose competitiveness in world markets
International conferences encourage national leaders to discuss their important economic issues
Which of the following phrases best completes the given diagram?
Reduce the sovereignty of Third World nations
Create job opportunities for people in the First World
Escape environmental and other controls on their activities
Reduce the "brain drain" experienced by Third World nations
Which of the following generalizations can be made about the information provided in the source?
Consumption of oil will soon lead to a global shortage
Disparity exists between global oil production and consumption
Global demand for oil has greatly increased over the past 50 years
The extraction of crude oil has greatly increased over the past 50 years.
What is the main point of the political cartoon?
the military exploit the poor
the well-to-do exploit the poor nations
the poor nations are sharing their goods
poor nations really have a great deal of wealth
The cartoonist would most likely be in favor of which change?
sharing the world's wealth
individuals really value the importance of the cow and treat it well
the rich nations helping the poor nations
the rich nations leaving the poor nations alone
What is the main point of the political cartoon?
NAFTA benefits both developing and developed nations
NAFTA promotes economic globalization and everyone is happy to participate
Freer markets are desirable for most nations
NAFTA has negative effects that people do not realize such as job loss.
What is the main point of the political cartoon?
The EU is concerned about the economic loss with Britain leaving.
The EU is concerned about the economic loss with Greece staying.
The EU breaking up in the near future.
The development disparities that exists within Europe.
What is the main point of the political cartoon?
Inflation is part of the family.
Inflation is only temporary and will shortly disappear from their lives.
Initially, inflation was suppose to be temporary, but it is still here and growing.
Inflation is a normal aspect of society today.
The spread of trade, transportation, and communication systems around the world in the interest of promoting worldwide commerce
Economic Globalization
Economic Depression
Historical Globalization
Market Economy
a period of low economic activity accompanied by high levels of unemployment
Economic Globalization
Economic Depression
Trade Liberalization
Market Economy
An economy in which government regulations are reduced to a minimum and businesses are free to make their own decisions
Communism
Economic Depression
Trade Liberalization
Market Economy
An economic and political system whose purpose is to eliminate class distinctions. Everyone would work for the benefit of all and would receive help as they need it
Communism
Economic Depression
Trade Liberalization
Market Economy
The act of making amends for wrongdoing. Reparations may include payments made by a defeated enemy to countries whose territory was damaged during a war
Sanctions
Reparations
Trade Liberalization
Free Trade
A process that involves countries reducing or removing trade barriers so goods and services can move around the world more freely
Sanctions
Reparations
Trade Liberalization
Free Trade
A penalty. Often an economic penalty such as a trade boycott taken to pressure a government to agree to carry out certain actions or follow certain rules
Sanctions
Reparations
Consensus
Outsourcing
General agreement
Sanctions
Reparations
Consensus
Outsourcing
A business strategy that involves reducing costs by using suppliers of products and services in countries where labour is cheaper and government regulation may be less strict
Sanctions
Reparations
Shipping Country
Outsourcing
The transporting of goods in standard-sized shipping containers
Sanctions
Reparations
Shipping Country
Containerization
The trade that occurs when two or more countries eliminate tariffs and taxes on the goods and services they trade with one another
Free Trade
Trade liberalization
Treaty of Versailles
Containerization
A flag flown by ships when they are registered in a country that is not the country of their owner
Flag of convenience
Trade liberalization
Shipping Country
Containerization
Usually developed countries, where the companies that use flags of convenience on ships are headquartered.
Flag of convenience
Trade liberalization
Shipping Country
Collective Farm
Accepting responsibility for ensuring that the Earth's resources remain sustainable
Stewardship
Sustainability
Sustain
Ecological footprint
The degree to which the Earth is able to provide the resources necessary to meet people
Stewardship
Sustainability
Sustain
Ecological footprint
To provide the basic necessities needed to support life
Stewardship
Sustainability
Sustain
Ecological footprint
The area of the Earth's surface necessary to sustain the level of resources a person uses and the waste they create
Stewardship
Sustainability
Sustain
Ecological footprint
development that meets people's needs in the present without compromising the ability of future generations to meet their needs
Sustainable Prosperity
Sustainability
Sustain
Sustainable development
Practicing stewardship of the environment and resources so that future Generations are able to achieve prosperity
Sustainable Prosperity
Sustainability
Sustain
Sustainable development
small but steady changes in average temperatures around the world
Sustainable Prosperity
Sustainability
Global climate change
Sustainable development
businesses and individuals who use research, education, new ideas, and information Technologies for practical purposes
Privatization
Knowledge economy
Global climate change
Sustainable development
the selling of a public service, such as electricity delivery or healthcare, to a private company so that the service is no longer owned by the government
Privatization
Knowledge economy
Collective Farm
Sustainable development
a farm that is run by several farmers and controlled by the government.
Communism
Collective farm
Trade Liberalization
Treaty of Versailles
Economist who said the government should create "back to work" programs to help the economy recover from an economic downturn
Friedrich Hayek
John Maynard Keynes
Adam Smith
20th century economist who said the government should not get involved in the economy. That competition would allow it to recover from an economic downturn.
Friedrich Hayek
John Maynard Keynes
Adam Smith
International agreements between representatives of two or more sovereign nations
Treaties
Wampum
United Nations
When something is grown for money rather than to produce food for humans or livestock
Conscription
Cash Crop
Human Development Index
The way members of a particular cultural group look at the world
standard of living
Intellectual Property
Worldview
Where an ethnic group loses its distinctiveness of language and culture and becomes absorbed into a majority culture.
Assimilation
Non-Status Indian
Pluralism
The degree of wealth and material comfort available to a person or community
historical context
Standard of Living
developed country
Favouring one side over another (in an argument, etc) rather than being neutral
quality of life
Assimilation
Bias
A country with a relatively high standard of living derived through an industrialized, diversified economy
developed country
Third World
self-determination
The total value of goods produced and services provided in a country during one year
developed country
gross domestic product (GDP)
Human Development Index (HDI)
The social, political, cultural, economic, and environmental situations for a particular event
Historical Context
Indian Act
Conscription
A comparison of countries in regards to poverty, literacy, education, life expectancy, childbirth, and other factors
Human Development Index (HDI)
per capita income
gross domestic product (GDP)
A law in Canada passed that established the rights of registered Indians and Indian bands.
Truth and Reconciliation Commission
Assembly of First Nations
Indian Act
The idea that people have the right to profit off of their creative works
Intellectual Property
per capita income
Cash crop
A group of aboriginal leaders in Canada that protects the rights, treaty obligations, and claims of First Nations in Canada
wampum
Assembly of First Nations
Royal Commission
A First Nations person in Canada whose name does not appear on the Indian register
Non-Status Indian
Status Indian
bias
The measure of the amount of money earned per person in a nation or geographic region
per capita income
Agribusiness
Human Development Index (HDI)
Large-scale transnational corporate farming operations as opposed to the family farm
Cash Crop
Third World
Agribusiness
a measure of how good oneʼs life is
quality of life
per capita income
standard of living
The authority of a country to make independent decisions concerning its own welfare
Sovereignty
Indian Act
standard of living
A term frequently used to denote less wealthy nations with low levels of industrial development
quality of life
Third World
Human Development Index (HDI)
an intergovernmental organization that aims to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizing the actions of nations
Truth and Reconciliation Commission
Assembly of First Nations
United Nations
