Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Unit 3/4 Test - Economics And History Of SW Asia - Part 2
Test Description: This will cover GA 7th grade standards of SS7E5, SS7E6, SS7E7, and SS7H2
Instructions: Answer all questions to get your test result.
1) People who start businesses by using their own finances and ideas, while taking all the risk are called;
A
SpecialiZationists
B
Capitalists
C
Embargo
D
Entrepreneurs
2) In 1973, countries in the Middle East stopped exporting oil to the U.S. in protest against U.S. support of Israel. Such a strategy is an example of ;
A
a quota
B
a tariff
C
a strike
D
an embargo
3) Why is it important for nations to have a system to convert from one currency to another?
A
Converting to different currencies doesn't impact the ability to buy and sell goods btwn nations w/different types of money.
B
Converting to different currencies makes it possible to buy and sell goods between nations with different types of money.
C
All countries want the American dollar.
D
Currency is later exchanged for gold.
4) What is used to fix the quantity of a particular good that foreign producers may bring into a country?
A
Quotas
B
Human Capital
C
Tariffs
D
Exchange Rate
5) If a country does NOT invest in its human capital, how can it affect the country's gross domestic product?
A
GDP may stay the same because there is no relation between the two.
B
GDP may go down because poorly trained workers will not be able to do their jobs well.
C
GDP may go up because poorly trained workers will not be able to do their jobs well.
D
GDP is only affected by investment in capital not human capital.
6) What happens when the Organization of Petroleum Exporting Countries decides to reduce production of oil?
A
Natural gas production increases.
B
Oil prices fall
C
Oil prices increase.
D
Oil prices are not affected.
7) A duty imposed on goods when they are moved across a political boundary. (a tax on an imported good)
A
Quotas
B
Human Capital
C
Exchange Rate
D
Tariffs
8) How does specialization encourage trade between countries in SW Asia?
A
It will increase natural resources
B
Stabilizes the exchange rate
C
Countries will trade domestic products for foreign products
D
It will help the country become a world power.
9) How are the religions of the Arabs, Persians, and Kurds diverse?
A
Each has its own unique religion
B
All three are ethnic groups with many different religions.
C
All three are ethnic groups with the same religion
D
All three are religious groups
10) What is the relationship between investment in Human Capital (education and training) and GDP?
A
The better trained and educated a people are the higher the GDP will be.
B
There is no proven relationship between the two
C
GDP and Human Capital are one and the same
D
A high GDP is responsible for all Human Capital
*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?