Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
SEA Econ Review 2
Test Description: South and East Asia Economics Review 2
Instructions: Answer all questions to get your test result.
1) Which country is located closest to the command side of the economics continuum?
A
North Korea
B
India
C
China
D
Japan
2) Economic system that combines some principles of free market with some government control?
A
Command
B
Market
C
Traditional
D
Mixed
3) Which country is the least likely to promote individual ownership of businesses?
A
India
B
China
C
Japan
D
North Korea
4) Which country is closest to the market side of the economic continuum?
A
China
B
North Korea
C
India
D
Japan
5) What happens if a country does not invest in human capital?
A
Gross Domestic Product (GDP) goes down
B
Gross Domestic Product (GDP) isn't related to human capital
C
Gross Domestic Product (GDP) stays the same
D
Gross Domestic Product (GDP) goes up
6) A fee or a tax on an imported good
A
Embargo
B
Quota
C
Tariff
D
Specialization
7) Which country has the least natural resources?
A
India
B
China
C
Japan
D
North Korea
8) The Great Leap Forward had farms turned into ________________.
A
factories
B
Collectives
C
Communes
D
Trade Barriers
9) Water, trees, oil, and fish are all examples of
A
Embargo
B
Human Capital
C
Gross Domestic Product
D
Natural Resources
10) System for changin currencies between countries:
A
Specialization
B
Exchange Rate
C
Embargo
D
Quota
11) If a country creates a law that makes using lead based paint illegal, that would move the country's economy.....
A
Towards the command side of the spectrum
B
To a higher GDP
C
Towards the market side of the spectrum
D
To a lower GDP
12) Most of the worlds economies operate this type of economic system:
A
Market
B
Traditional
C
Command
D
Mixed
13) Increased investments cause GDP to .......
A
Go down
B
Stay the same
C
Investment isn't related to GDP
D
Go up
14) Investing money in training software technicians is an example of .......
A
Human Capital
B
Capital Goods
C
Gross Domestic Product
D
Specialization
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?