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SS7E5abc-SW Asia Economies
Test Description: E7a-systems E7b-conimuum E7c-Israel, Saudi Arabia, and Turkey
Instructions: Answer all questions to get your test result.
1) In this country a single or centralized government authority decides what is produced. Which term identifies this type of economic system?
A
Traditional
B
Market
C
Command
D
Public
2) South African economic includes using state-owned enterprises to deliver basic services to low-income areas as a means to increase job growth and household income. However, companies are freed to choose what to produce, how to produce, and for whom t
A
Pure Market
B
More market than command
C
Almost pure traditional
D
Pure command
3) Which of the following represents an economy that is entirely controlled by a country’s government?
A
market economy
B
traditional economy
C
mixed economy
D
command economy
4) • Goods are shared by the whole community• Economy is based on customs • Roles are passed down through family members. Which kind of economy is described by the features listed?
A
market
B
mixed
C
traditional
D
command
5) A “market economy” is
A
a market in which free markets determine what gets manufactured and sold.
B
an economy in which both the government and producers decide what to sell.
C
an economy in which the government creates plans for what will be produced.
D
an economy in which both the government and producers decide what to sell.
6) In which type of economy does the government decide what to produce and how to produce it?
A
command economy
B
pure market economy
C
traditional
D
mixed economy
7) Like most countries, India has an economy that is somewhere between a pure market economy and a command economy. India’s economy is BEST described as a
A
traditional economy.
B
mixed economy.
C
free market economy.
D
planned economy.
8) Abdul’s country has a mixed economy that lies closer to the command side of the economic continuum. Which statement is most likely true of Abdul’s country?
A
B. The government and private investors participate equally in the country’s economy.
B
D. Abdul’s country participates in a traditional economy.
C
A. There is more government control of the economy than private investment and entrepreneurship is limited.
D
C. There is more private investment and entrepreneurship is encouraged while the government plays a limited role in the econo
9) Israel’s economy is primarily based on
A
automobiles, water, gold
B
grain, military technologies, and other goods
C
high-tech equipment, agriculture, and diamonds
D
oil
10) Turkey’s economy continues to grow because
A
the government controls most of the important businesses.
B
the world economy is growing rapidly.
C
entrepreneurship is discouraged.
D
the number of important businesses run by citizens is growing.
11) Which continuum correctly matches the description? • Focused on the consumer • Choices• Entrepreneurship is encouraged • Limited government control and interference
A
pure market
B
between the center of the continuum and pure market
C
pure command
D
between pure command and the center of the continuum
12) The economies of Israel, Saudi Arabia, and Turkey could best be described as
A
command
B
market
C
mixed.
D
traditional
13) How have the Israelis made up for their lack of resources?
A
They have relied primarily on farming to keep their economy going.
B
They have put everyone to work and have no unemployment.
C
Israelis have refused to import oil, saving huge amounts of money each year.
D
They have developed strong technology companies in their economy.
14) Which industry does the government of Saudi Arabia heavily control?
A
textile manufacturing
B
agriculture
C
oil
D
technology
*select an answer for all questions
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