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Natural Resources, Population, And Environmental Issues Of Latin America
Test Description: Social studies
Instructions: Answer all questions to get your test result.
1) By investing in capital resources a country _____________
A
will see no change in their GDP.
B
will increase their GDP.
C
will see a decrease in their level of human resources
D
will experience opportunity costs and lower their GDP.
2) How could Cuba's economy become more like Brazil's
A
Increasing per capita income by not allowing a free market
B
Increasing incentives to trade
C
Decreasing government involvement in key industries
D
Decreasing personal income tax rates
3) How does investment in capital resources by companies help a country increase its GDP?
A
Companies are able to send work to foreign countries where labor is cheaper.
B
Companies spend more on capital resources, they pay higher taxes.
C
Companies that invest in capital are able to create more entrepreneurs.
D
Companies buy machines that produce more goods at a lower price so their profits are higher.
4) How does specialization encourage trade between two countries?
A
Specialization produces such an abundance of one product that the country is forced to trade it.
B
Specialization creates a diversity of products in one country and very few products in others.
C
Specialization allows for countries to master one product and sell it to other countries
D
Specialization utilizes different natural resources that are shared between multiple countries.
5) An increased investment in human resources through education should have what effect on a country?
A
More machinery will be available for use
B
A decrease in productivity
C
An eventual increase in GDP
D
An increase in unemployment
6) Judie bakes cakes for all of her friend's special events. One day Judie decided to open up her own bakery and sell her cakes to the public. Judie is an example of a/an ________
A
trade surplus
B
opportunity cost
C
gross domestic product
D
entrepreneur
7) Which would be the best indication that a countries standard of living was improving?
A
less international trade
B
increased population
C
higher literacy rates
D
saving of the rainforest
8) How does the North American Free Trade Agreement (NAFTA) benefit the economies of its member countries?
A
By identifying the products to trade among these countries
B
By setting trade prices for these countries
C
By removing barriers to trade between these countries
D
By establishing trade tariffs in these countries
9) Which BEST describes how Brazil’s government is involved in its economy?
A
The government strictly regulates and controls all Brazilian businesses.
B
People in Brazil start and run businesses with limited government involvement.
C
Businesses in Brazil pay no taxes to the government, so there are many entrepreneurs.
D
The government pays for the startup of businesses, so there is no need for entrepreneurs in Brazil.
10) What type of government exist in Brazil?
A
Constitutional Monarchy
B
Communist
C
Parliamentary Democracy
D
Presidential Democracy
11) Which term best describes how the political power is distributed in Mexico?
A
Unitary - central government has all of the power
B
Monarchy - King with all power
C
Fedreal - shared between central and state governments
D
Confederation - state governments have all of the power
12) What type of government does Cuba have?
A
parliamentary democracy
B
presidential democracy
C
communist
D
constitutional monarchy
13) Which pair of countries have governments that are most similar?
A
Brazil and Mexico
B
Brazil and Cuba
C
Mexico and Bolivia
D
Cuba and the United States
14) Which country has the strictest voting laws?
A
Mexico
B
Cuba
C
United States
D
Brazil 18 - 70 for age and mandatory voting
15) Which of the following is an example of specialization?
A
A violin maker completes the process of making a violin from cutting a tree for wood to producing his own strings.
B
A business makes different types of goods.
C
A factory focuses on making one or two types of goods and leaves the production of other goods to other factories.
D
A country buys all the goods it needs from other countries and does not produce any of its own.
*select an answer for all questions
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