Economics #2 - North Carolina Social Studies - 7th Grade - World History Question Preview (ID: 17866)


Economics #2 - North Carolina Social Studies - 7th Grade - World History More At Http://ncss2014.weebly.com. Review Games - History Games For NC 7 Final Exam (common Exam, Msl). Mr. D @mrdncss. TEACHERS: click here for quick copy question ID numbers.

Which of the following statements is inaccurate?
a) If you want to become rich, then you should live in a Free Market economy
b) If you believe we should share the nations wealth, then you should live in a command economy
c) if you believe in wealth and taking care of citizens, then you should live in a Mixed economy
d) If you want to share the nations wealth, then you should live in a Free Market economy

What economic system can be blamed for imperialism in Africa and Asia?
a) Capitalism
b) Communism
c) Traditional Economies
d) Socialism

What is economics?
a) the study of Plants and Animals
b) the study of the production and consumption of goods and services
c) the study of the Earth and how mankind interacts with it
d) the study of dimensions, angles, and shapes.

Countries who trade with another become interdependent, and are more likely to -
a) start wars
b) avoid conflict
c) fail economically
d) be colonized

Which of the following is not an global organizaton
a) WTO = World Trade Organization
b) G20
c) OAS = Organization of American States
d) OAS = Oil Allied States

When was the European Union created?
a) Post World War II
b) Post World War I
c) Post German Unification
d) Post Reformation

What is the main criticism against the G20?
a) They help African countries too much
b) They tend to only help wealthy nations
c) They tend to only help poor nations
d) They tend to only help nations that speak English

Whic of the following is NOT a result of NAFTA?
a) it is easier to trade goods in North America
b) it is cheaper to trade goods in North America
c) Many goods are made in Mexico and NOT America
d) mexico and the US nearly went to war over Free Trade

What is the result of NAFTA?
a) It controls the supply of oil
b) Prevents the spread of HIV/AIDS in Africa
c) No Tarrifs on trade between the US, Canada, and Mexico
d) European countries avoid conflict

Agreement between competing companies to control prices
a) Monarchy
b) Anti-Trust
c) Cartel
d) Free Trade

What does OPEC control the supply of and thus the price of?
a) Cars
b) Gold
c) Oil
d) Coal

Every nation depends on each other for something (example: resources)
a) colonialism
b) imperialism
c) globalization
d) interdependent

The IDEA…of a strong nation taking over a weaker nation
a) colonialism
b) imperialism
c) globalization
d) interdependent

Actually doing imperialism
a) colonialism
b) imperialism
c) globalization
d) interdependent

All nations are connected, no nation lives in isolation
a) colonialism
b) imperialism
c) globalization
d) interdependent

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