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Unit 1 Money/Capital Vocabulary
Test Description: Test 3
Instructions: Answer all questions to get your test result.
1) Factories, machines, and technology that help people make products
A
Capital Goods
B
Human Capital
C
Currency
D
Entreneurship
2) Money, used to trade items
A
Credit
B
Currency
C
Corrupt
D
Budget
3) When someone who has an original idea for a good or service and produces it
A
Distribution
B
Entrepreneurship
C
Export
D
Income
4) Items or goods sent out of a country
A
Imports
B
Quota
C
Exports
D
Tariff
5) The skills that humans have to build things or perform services
A
Economy
B
Gross Domestic Product (GDP)
C
Entrepreneurship
D
Human Capital
6) Items brought into a country
A
Export
B
Import
C
Quota
D
Tariff
7) Total market value of the goods and services produced by a country in a year
A
Government
B
Export
C
Economy
D
Gross Domestic Product (GDP)
8) To commit money or capital to gain financial return
A
Embargo
B
Investment
C
Nationalism
D
Human Capital
9) The number of people who can read and write in a country
A
Human Capital
B
Imports
C
Capital Goods
D
Literacy Rate
10) Between two or more nations
A
Irrigation
B
Monotheism
C
International
D
Containment
11) Wealth or material comfort available to a person
A
Government
B
Literacy Rate
C
Standard of Living
D
Economy
*select an answer for all questions
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