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Latin Am. Econ And Gov.
Test Description: Economics and gov. of Latin America
Instructions: Answer all questions to get your test result.
1) In which country, are entrepreneurs of least importance?
A
Argentina
B
Cuba
C
Colombia
D
Chile
2) The people hold the power to rule and make all the decisions.
A
democracy
B
theocracy
C
republic
D
Monarchy
3) One person holds all the power, usually this person is backed by the military
A
theocracy
B
Monarchy
C
dictatorship
D
democracy
4) Which is MOST likely to be in a country with a high literacy rate?
A
low standard of living
B
too much investment in capital resources.
C
a high gross domestic product
D
little investment in human capital
5) What is an example of human capital?
A
the workers of a business or county.
B
the cash a business has to spend.
C
a country’s standard of living.
6) A main purpose of NAFTA was to
A
Decrease the standard of living for some people while raising it for others
B
increase trade by creating a large free trade zone
C
Keep people in one country from buying goods from the other two counties.
D
create tariffs between Canada, Mexico, and the United States.
7) A major difference between parliamentary and presidential systems is that
A
In a parliamentary system, the prime minister is elected by the legislature, while a president is elected by the people.
B
In a parliamentary system ,the prime minister is elected by the people, while the president is elected by the legislature
C
In a parliamentary system, the prime minister has all the power, while a presidential system, the prime minister and presiden
D
a parliamentary system do not allow citizens to vote
8) The government is controlled by a king or queen.
A
democracy
B
republic
C
theocracy
D
monarchy
9) The absence of any governmental authority leading to disorder or confusion.
A
theocracy
B
anarchy
C
democracy
D
oligarchy
10) Trade barriers come in the form of
A
all answers
B
tariffs
C
quotas
D
embargoes
11) In a command economy, citizens
A
must follow the economic plan created by the government
B
have the personal freedom to purchase new land and own businesses
C
can control the private ownership of their property
D
base their economic decisions on traditional gender roles
12) The power is held by a small group of people, usually this group is an elite group.
A
monarchy
B
anarchy
C
oligarchy
D
theocracy
13) An entrepreneur must
A
be willing to take financial risks
B
all answers
C
have mix of human, natural, and capital resources to be successful
D
have great ideas
14) What type of government exists in Cuba?
A
monarchy
B
dictatorship
C
presidential democracy
D
parliamentary democracy
15) which term describes how political power is distributed in Cuba?
A
federal government
B
confederation government
C
aristocratic government
D
unitary government
16) Which country requires and enforces most of the adults to vote?
A
Brazil
B
Mexico
C
Argentina
D
Cuba
17) Citizens in which country are considered to have the least freedom?
A
Cuba
B
Brazil
C
Mexico
D
Argentina
18) Which pair of countries have similar governments?
A
Brazil and Mexico
B
Mexico and Cuba
C
Brazil and Cuba
D
Cuba and the USA
19) Which type of government exists in Mexico?
A
parliamentary democracy
B
monarchy
C
Communist
D
presidential democracy
20) Which term describes how political power is distributed in Mexico?
A
aristocratic
B
federal
C
confederation
D
unitary
*select an answer for all questions
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