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Latin Am. Econ And Gov.
Test Description: Economics and gov. of Latin America
Instructions: Answer all questions to get your test result.
1) In which country, are entrepreneurs of least importance?
A
Colombia
B
Chile
C
Cuba
D
Argentina
2) The people hold the power to rule and make all the decisions.
A
democracy
B
Monarchy
C
theocracy
D
republic
3) One person holds all the power, usually this person is backed by the military
A
Monarchy
B
theocracy
C
democracy
D
dictatorship
4) Which is MOST likely to be in a country with a high literacy rate?
A
low standard of living
B
a high gross domestic product
C
too much investment in capital resources.
D
little investment in human capital
5) What is an example of human capital?
A
the cash a business has to spend.
B
a country’s standard of living.
C
the workers of a business or county.
6) A main purpose of NAFTA was to
A
Keep people in one country from buying goods from the other two counties.
B
Decrease the standard of living for some people while raising it for others
C
increase trade by creating a large free trade zone
D
create tariffs between Canada, Mexico, and the United States.
7) A major difference between parliamentary and presidential systems is that
A
In a parliamentary system ,the prime minister is elected by the people, while the president is elected by the legislature
B
a parliamentary system do not allow citizens to vote
C
In a parliamentary system, the prime minister has all the power, while a presidential system, the prime minister and presiden
D
In a parliamentary system, the prime minister is elected by the legislature, while a president is elected by the people.
8) The government is controlled by a king or queen.
A
theocracy
B
republic
C
monarchy
D
democracy
9) The absence of any governmental authority leading to disorder or confusion.
A
oligarchy
B
theocracy
C
democracy
D
anarchy
10) Trade barriers come in the form of
A
tariffs
B
quotas
C
all answers
D
embargoes
11) In a command economy, citizens
A
must follow the economic plan created by the government
B
base their economic decisions on traditional gender roles
C
have the personal freedom to purchase new land and own businesses
D
can control the private ownership of their property
12) The power is held by a small group of people, usually this group is an elite group.
A
theocracy
B
monarchy
C
anarchy
D
oligarchy
13) An entrepreneur must
A
be willing to take financial risks
B
have great ideas
C
have mix of human, natural, and capital resources to be successful
D
all answers
14) What type of government exists in Cuba?
A
parliamentary democracy
B
dictatorship
C
monarchy
D
presidential democracy
15) which term describes how political power is distributed in Cuba?
A
confederation government
B
federal government
C
unitary government
D
aristocratic government
16) Which country requires and enforces most of the adults to vote?
A
Brazil
B
Cuba
C
Argentina
D
Mexico
17) Citizens in which country are considered to have the least freedom?
A
Cuba
B
Mexico
C
Brazil
D
Argentina
18) Which pair of countries have similar governments?
A
Mexico and Cuba
B
Brazil and Cuba
C
Cuba and the USA
D
Brazil and Mexico
19) Which type of government exists in Mexico?
A
monarchy
B
parliamentary democracy
C
presidential democracy
D
Communist
20) Which term describes how political power is distributed in Mexico?
A
confederation
B
unitary
C
aristocratic
D
federal
*select an answer for all questions
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