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Worksheets6SW3.2.3 Article 7: Economy of Mexico QUESTIONS
Total questions: 10
Worksheet time: 5mins
What type of economy does Mexico operate under? Mark only one oval.
Mixed economy
Planned economy
Traditional economy
Command economy
Which agreement replaced NAFTA? Mark only one oval.
USMCA
TPP
EU Trade Agreement
NAFTA II
What is one major challenge Mexico faces in its economy? Mark only one oval.
High literacy rates
Government corruption
Low manufacturing output
High employment rates
How do free trade agreements benefit Mexico? Mark only one oval.
They limit foreign investments
They increase government control
They support trade and manufacturing growth
They reduce job opportunities
What has the Mexican government done to address economic challenges? Mark only one oval.
Decreased regulations
Increased regulations to protect citizens
Eliminated free trade agreements
Reduced education funding
Why is improving the education system important for Mexico’s economy? Mark only one oval.
It decreases productivity
It increases the literacy rate
It reduces job opportunities
It limits entrepreneurship
What is a benefit of a free market environment in Mexico? Mark only one oval.
It discourages entrepreneurship
It encourages job creation
It limits foreign investments
It increases government control
What is one effect of Mexico's participation in international trade agreements? Mark only one oval.
Less investment in technology
More efficient economic landscape
Decreased manufacturing jobs
Higher taxes on businesses
What does 'human capital' refer to in the context of economic growth? Mark only one oval.
Natural resources
Government policies
Skills and education of the workforce
Physical buildings and factories
What role do small and medium-sized businesses play in Mexico's economy? Mark only one oval.
They decrease employment rates
They are not important
They help increase employment rates
They limit economic growth
