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1st 9 Week Final Exam Review
Test Description: Europe Map, Economics Government
Instructions: Answer all questions to get your test result.
1) Which area of Russia has the highest population?
A
East of the Ural Mountains (Asian Side)
B
West of the Ural Mountains (European Side)
2) What geographic feature makes it difficult for Italian merchants to trade with countries NORTH of Italy?
A
Rhine River
B
Pyrenees Mountains
C
Ural Mountains
D
Alps
3) In Italy, what physical feature has HELPED Italian merchants become successful traders?
A
English Channel
B
European Plain
C
Iberian Peninsula
D
Mediterranean Sea
4) Why is it important for a country to invest in human capital?
A
Because literacy rate will decrease, which is very beneficial
B
Because improving buildings and technology is beneficial
C
Because investing in human capital will decrease/lower the country's GDP
D
Because businesses are more successful when workers are better trained and have healthcare
5) If a country does NOT invest in human capital, how can it affect its GDP?
A
The GDP will decrease
B
The GDP will increase
C
The GDP will not be impacted
6) A country with crumbling bridges and damaged roads is lacking investment in
A
Entrepreneurship
B
Capital
C
Natural Resources
D
Human Capital
7) The four factors of production are capital, human capital, entrepreneurship, and ___________
A
Natural Resources
B
Economic Systems
C
Supply and Demand
D
Specialization
8) Which of the following economic systems is NOT a part of the economic continuum?
A
Mixed
B
Command
C
Traditional
D
Market
9) When a country educates and trains its people, it is investing in___________
A
Entrepreneuership
B
Human Capital
C
Capital
D
Natural Resources
10) An economy that is a blend between a command economy and a mixed economy is called what?
A
Traditional
B
Command
C
Market
D
Mixed
11) When one person has complete control in a government, what type of government is it?
A
Democracy
B
Autocracy
C
Oligarchy
D
Monarchy
12) In a Parliamentary Democracy, who elects the Prime Minister?
A
The citizens
B
The monarch
C
The Parliament (legislature)
13) In a Presidential Democracy, who elects the president?
A
Parliament
B
Monarch
C
Citizens
14) What is the best way citizens of a country can impact their government?
A
Doing nothing
B
Voting
C
Researching
15) If a country's economy is controlled heavily by the government, what type of economy is it closer to on the economic continuum?
A
Market
B
Mixed
C
Command
D
Traditional
16) What is a figurehead/ceremonial leader?
A
A leader who does not have a lot of political power or influence
B
The leader of a Presidential Democracy
C
A citizen in a country
D
The leader of a Parliamentary Democracy
17) Which reason states why most economies in Europe are mixed instead of pure market?
A
In a mixed economy, the government sets rules to protect buyers and sellers, and it allows for some freedoms.
B
In a pure market economy, the government does not make a lot of laws, so it is easy to open a business.
C
In a pure market economy, the government controls everything, so it is very easy to open businesses.
D
In a mixed economy, the government does not make any laws, so business owners have a lot of advantages.
18) In Russia, which solution would be the BEST to increase the gross domestic product?
A
Russia should assign citizens a specific job instead of allowing citizens to choose a job.
B
Russia should stop taxing businesses for educational revenue.
C
Russia should not provide any money to improve technology for factories.
D
Russia should established vocational schools and universities to train its workforce.
19) In 2011, Australia refused to trade cattle with Indonesia. This ban was put in place as a result of animal mistreatment in Indonesia. What trade barrier is being used?
A
Quota
B
Tariff
C
Embargo
D
Block
20) According to the 2016 Global Entrepreneurship Index, the United Kingdom and Germany are considered two of the top-ranked countries in Europe with the greatest number of entrepreneurs. Which statement is TRUE about entrepreneurship?
A
European countries with more entrepreneurs have a higher unemployment rate.
B
European countries that do not allow entrepreneurship have a greater number of privately owned businesses.
C
European countries that have fewer entrepreneurs have more opportunities for foreign investment.
D
European countries with more entrepreneurs have a higher gross domestic product.
*select an answer for all questions
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