Wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Social Studies 10-1 RI3

Total questions: 68

Worksheet time: 52mins

Name
Class
Date
1.

Which of the following economic systems has the most in common with the current corporate practice of outsourcing jobs to workers in other countries?

a)

Communism

b)

Mercantilism

c)

Capitalism

d)

Democratic Socialism

2.

Which of the following economic systems has the most in common with the current corporate practice of outsourcing jobs to workers in other countries?

a)

Communism

b)

Mercantilism

c)

Capitalism

d)

Democratic Socialism

3.

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

a)

North Atlantic Treaty Organization

b)

The Charlotte Town Accord

c)

Bretton Woods Conference

d)

the World Bank Accord

4.

The ever increasing and developing interdependence of trade and economic activities between nations is best identified as economic

a)

modern colonization

b)

post-modern constructivism

c)

contemporary imperialism

d)

contemporary globalization

5.

Which of the following two economists are best associated with the foundations of contemporary economic globalization?

a)

Lenin & Owen

b)

Hayek & Keynes

c)

Smith & Marx

d)

Engels & Smith

6.

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

a)

American corporate influence on European markets and national trade

b)

the expansion of the free market into Eastern Bloc countries at the end of the Cold War

c)

early interventions of economic globalization at the end of World War II

d)

European and American agreements to trade only with each other for national gain

7.

Economic globalization is a result of all of the following with the exception of

a)

Decreased acculturation

b)

Increased global trade

c)

Decreased cost of global transport

d)

Increased availability of communication systems

8.

Which word or term best fills the blank in the statement?

a)

interdependence

b)

accomodation

c)

globalization

d)

free trade

9.

The statement suggests that national economies will be replaced by

a)

regional cartels

b)

free trade zones

c)

international monopolies

d)

transnational corporations

10.

_______________ includes businesses and individuals who use research, education, new ideas, and information technology for practical purposes. Which term best fills the blank?

a)

Sustainable prosperity

b)

The knowledge economy

c)

Privatization

d)

The GDP

11.

The goal of the Kyoto Protocol is to encourage countries to

a)

adapt to climate change

b)

develop alternative fuel sources

c)

reduce greenhouse gas emissions

d)

develop hybrid crops for greater yield

12.

The statement refers to a process known as

a)

trade liberalization

b)

consensus

c)

free trade

d)

sanctions

13.

Which term refers to “interconnecting national economies to the extent that an event in one economy has a direct impact on all other economies”?

a)

digital divide

b)

sustainability

c)

accountability

d)

interdependence

14.

Which of the following statements does NOT apply to the European Union?

a)

Most obstacles to cross-border trading are eliminated.

b)

Members can take advantage of opportunities created by economic globalization.

c)

Members keep their national currency.

d)

Goods, services, money and people can move easily between member countries.

15.

The type of economic system described in the given quote is known as

a)

socialism

b)

communism

c)

market economy

d)

command economy

16.

Which of the following statements about the contemporary world is most strongly supported by the stories associated with the given headlines?

a)

International economic activity is increasing interdependence among nations

b)

Nations that violate human rights often face sanctions by the international community

c)

Nations that resist new technological developments will lose competitiveness in world markets

d)

International conferences encourage national leaders to discuss their important economic issues

17.

Which of the following phrases best completes the given diagram?

a)

Reduce the sovereignty of Third World nations

b)

Create job opportunities for people in the First World

c)

Escape environmental and other controls on their activities

d)

Reduce the "brain drain" experienced by Third World nations

18.

Which of the following generalizations can be made about the information provided in the source?

a)

Consumption of oil will soon lead to a global shortage

b)

Disparity exists between global oil production and consumption

c)

Global demand for oil has greatly increased over the past 50 years

d)

The extraction of crude oil has greatly increased over the past 50 years.

19.

What is the main point of the political cartoon?

a)

the military exploit the poor

b)

the well-to-do exploit the poor nations

c)

the poor nations are sharing their goods

d)

poor nations really have a great deal of wealth

20.

 The cartoonist would most likely be in favor of which change?

a)

sharing the world's wealth

b)

individuals really value the importance of the cow and treat it well

c)

the rich nations helping the poor nations

d)

the rich nations leaving the poor nations alone

21.

What is the main point of the political cartoon?

a)

NAFTA benefits both developing and developed nations

b)

NAFTA promotes economic globalization and everyone is happy to participate

c)

Freer markets are desirable for most nations

d)

NAFTA has negative effects that people do not realize such as job loss.

22.

What is the main point of the political cartoon?

a)

The EU is concerned about the economic loss with Britain leaving.

b)

The EU is concerned about the economic loss with Greece staying.

c)

The EU breaking up in the near future.

d)

The development disparities that exists within Europe.

23.

What is the main point of the political cartoon?

a)

Inflation is part of the family.

b)

Inflation is only temporary and will shortly disappear from their lives.

c)

Initially, inflation was suppose to be temporary, but it is still here and growing.

d)

Inflation is a normal aspect of society today.

24.

The spread of trade, transportation, and communication  systems around the world in the interest of promoting worldwide commerce

a)

Economic Globalization

b)

Economic Depression

c)

Historical Globalization

d)

Market Economy

25.

a period of low economic activity accompanied by high levels of unemployment

a)

Economic Globalization

b)

Economic Depression

c)

Trade Liberalization

d)

Market Economy

26.

An economy in which government regulations are reduced to a minimum and businesses are free to make their own decisions

a)

Communism

b)

Economic Depression

c)

Trade Liberalization

d)

Market Economy

27.

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

a)

Communism

b)

Economic Depression

c)

Trade Liberalization

d)

Market Economy

28.

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

a)

Sanctions

b)

Reparations

c)

Trade Liberalization

d)

Free Trade

29.

A process that involves countries reducing or removing trade barriers so goods and services can move around the world more freely

a)

Sanctions

b)

Reparations

c)

Trade Liberalization

d)

Free Trade

30.

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

a)

Sanctions

b)

Reparations

c)

Consensus

d)

Outsourcing

31.

General agreement

a)

Sanctions

b)

Reparations

c)

Consensus

d)

Outsourcing

32.

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

a)

Sanctions

b)

Reparations

c)

Shipping Country

d)

Outsourcing

33.

The transporting of goods in standard-sized shipping containers

a)

Sanctions

b)

Reparations

c)

Shipping Country

d)

Containerization

34.

The trade that occurs when two or more countries eliminate tariffs and taxes on the goods and services they trade with one another

a)

Free Trade

b)

Trade liberalization

c)

Treaty of Versailles

d)

Containerization

35.

 A flag flown by ships when they are registered in a country that is not the country of their owner

a)

Flag of convenience

b)

Trade liberalization

c)

Shipping Country

d)

Containerization

36.

 Usually developed countries, where the companies that use flags of convenience on ships are headquartered.

a)

Flag of convenience

b)

Trade liberalization

c)

Shipping Country

d)

Collective Farm

37.

Accepting responsibility for ensuring that the Earth's resources remain sustainable

a)

Stewardship

b)

Sustainability

c)

Sustain

d)

Ecological footprint

38.

The degree to which the Earth is able to provide the resources necessary to meet people

a)

Stewardship

b)

Sustainability

c)

Sustain

d)

Ecological footprint

39.

To provide the basic necessities needed to support life

a)

Stewardship

b)

Sustainability

c)

Sustain

d)

Ecological footprint

40.

The area of the Earth's surface necessary to sustain the level of resources a person uses and the waste they create

a)

Stewardship

b)

Sustainability

c)

Sustain

d)

Ecological footprint

41.

development that meets people's needs in the present without compromising the ability of future generations to meet their needs

a)

Sustainable Prosperity

b)

Sustainability

c)

Sustain

d)

Sustainable development

42.

Practicing stewardship of the environment and resources so that future Generations are able to achieve prosperity 

a)

Sustainable Prosperity

b)

Sustainability

c)

Sustain

d)

Sustainable development

43.

small but steady changes in average temperatures around the world 

a)

Sustainable Prosperity

b)

Sustainability

c)

Global climate change

d)

Sustainable development

44.

businesses and individuals who use research, education, new ideas, and information Technologies for practical purposes

a)

Privatization

b)

Knowledge economy

c)

Global climate change

d)

Sustainable development

45.

 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

a)

Privatization

b)

Knowledge economy

c)

Collective Farm

d)

Sustainable development

46.

a farm that is run by several farmers and controlled by the government.

a)

Communism

b)

Collective farm

c)

Trade Liberalization

d)

Treaty of Versailles

47.

Economist who said the government should create "back to work" programs to help the economy recover from an economic downturn

a)

Friedrich Hayek

b)

John Maynard Keynes

c)

Adam Smith

48.

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.

a)

Friedrich Hayek

b)

John Maynard Keynes

c)

Adam Smith

49.

International agreements between representatives of two or more sovereign nations

a)

Treaties

b)

Wampum

c)

United Nations

50.

When something is grown for money rather than to produce food for humans or livestock

a)

Conscription

b)

Cash Crop

c)

Human Development Index

51.

The way members of a particular cultural group look at the world

a)

standard of living

b)

Intellectual Property

c)

Worldview

52.

Where an ethnic group loses its distinctiveness of language and culture and becomes absorbed into a majority culture.

a)

Assimilation

b)

Non-Status Indian

c)

Pluralism

53.

The degree of wealth and material comfort available to a person or community

a)

historical context

b)

Standard of Living

c)

developed country

54.

Favouring one side over another (in an argument, etc) rather than being neutral

a)

quality of life

b)

Assimilation

c)

Bias

55.

A country with a relatively high standard of living derived through an industrialized, diversified economy

a)

developed country

b)

Third World

c)

self-determination

56.

The total value of goods produced and services provided in a country during one year

a)

developed country

b)

gross domestic product (GDP)

c)

Human Development Index (HDI)

57.

The social, political, cultural, economic, and environmental situations for a particular event

a)

Historical Context

b)

Indian Act

c)

Conscription

58.

A comparison of countries in regards to poverty, literacy, education, life expectancy, childbirth, and other factors

a)

Human Development Index (HDI)

b)

per capita income

c)

gross domestic product (GDP)

59.

A law in Canada passed that established the rights of registered Indians and Indian bands.

a)

Truth and Reconciliation Commission

b)

Assembly of First Nations

c)

Indian Act

60.

The idea that people have the right to profit off of their creative works

a)

Intellectual Property

b)

per capita income

c)

Cash crop

61.

A group of aboriginal leaders in Canada that protects the rights, treaty obligations, and claims of First Nations in Canada

a)

wampum

b)

Assembly of First Nations

c)

Royal Commission

62.

A First Nations person in Canada whose name does not appear on the Indian register

a)

Non-Status Indian

b)

Status Indian

c)

bias

63.

The measure of the amount of money earned per person in a nation or geographic region

a)

per capita income

b)

Agribusiness

c)

Human Development Index (HDI)

64.

Large-scale transnational corporate farming operations as opposed to the family farm

a)

Cash Crop

b)

Third World

c)

Agribusiness

65.

a measure of how good oneʼs life is

a)

quality of life

b)

per capita income

c)

standard of living

66.

The authority of a country to make independent decisions concerning its own welfare

a)

Sovereignty

b)

Indian Act

c)

standard of living

67.

A term frequently used to denote less wealthy nations with low levels of industrial development

a)

quality of life

b)

Third World

c)

Human Development Index (HDI)

68.

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

a)

Truth and Reconciliation Commission

b)

Assembly of First Nations

c)

United Nations