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SE Asia Economies #4
Test Description: SE Asia Economies #4
Instructions: Answer all questions to get your test result.
1) What are capital goods?
A
factories and machines used to make the goods
B
workers who make the goods and perform services
C
goods and services that are produced for a country's economy
D
money spent to train workers to use new technology
2) India must invest in capital goods to help overcome which problems?
A
expense of maintaining a large military
B
GDP that has not grown
C
lack of a strong middle class
D
overpopulation and poverty
3) Which is an example of a natural resource?
A
factory
B
deposit of coal
C
irrigation canal
D
hydroelectric dam
4) Which is an entrepreneur?
A
a businessman who relies on money from the government to finance a new business
B
Someone who is always successful in whatever he or she attempts
C
someone who is willing to take a risk to begin a new business
D
a businessman who is able to guarantee investors will make a profit if they support the project
5) Investment in capital goods has helped China do well in which world markets?
A
communication services
B
educational software
C
consumer goods
D
fashion design
6) What has been the role of entrepreneurship in India?
A
The only successful entrepreneurs have been foreigners who have moved to India.
B
The Indian government has discouraged entrepreneurs because business is too risky.
C
The country has all sorts of entrepreneurs, both wealthy and those with modest incomes.
D
Indian entrepreneurs have been successful in agriculture but not in industry.
7) On the economic continuum, entrepreneurs are more common in nations that fall where?
A
It doesn't matter where the countries fall on the continuum
B
Countries that are closer to the command side of the continuum
C
Countries that are close to the center of the continuum
D
Countries that are closer to the market side of the continuum
8) What happens, in terms of GDP, to countries that invest in capital goods?
A
There is no change in the GDP.
B
The GDP increases.
C
The GDP will both increase and decreased, based on the time of year.
D
The GDP decreases.
9) What happens, in terms of GDP, to countries that do not invest in human capital?
A
Improperly trained workers do not help the country's GDP increase.
B
Improperly trained workers help the country's GDP decrease.
C
Improperly trained workers do not help the country's GDP decrease.
D
Improperly trained workers help the country's GDP increase.
10) What is one of the most important ways Japan has invested in human capital?
A
early retirement programs
B
education
C
tax breaks for workers
D
unemployment insurance
*select an answer for all questions
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