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Social Studies Chapter 3 Pt 2
Test Description: Vocabulary
Instructions: Answer all questions to get your test result.
1) resources that can be totally replaced or are always available naturally
A
economic system
B
renewable resources
C
sustainability
D
nonrenewable resources
2) cannot be totally replaced. once consumed, they are gone
A
traditional economy
B
nonrenewable resources
C
standard of living
D
renewable resources
3) how a society decides on the ownership and distribution of its economic resources
A
market economy
B
command economy
C
traditional economy
D
economic system
4) type of economy where resources are distributed mainly through families
A
market economy
B
mixed economy
C
traditional economy
D
command economy
5) type of economic system where means of production of production are privately owned
A
market economy
B
traditional economy
C
command economy
D
mixed economy
6) type of economy where means of production of publicly owned and are controlled by a central governing authority
A
command economy
B
market economy
C
mixed economy
D
traditional economy
7) type of economy in which parts of the economy are privately owned and parts are owned by the government
A
mixed economy
B
traditional economy
C
market economy
D
command economy
8) the total dollar value of all final goods and services produced in a country during a single year
A
export
B
gross domestic product (GDP)
C
standard of living
D
productivity
9) the level at which a person, a group, or a nation lives as measured by the extent to which it meets its needs
A
import
B
productivity
C
export
D
standard of living
10) a measurement of what is produced and what is required to produce it
A
currency
B
gross domestic product (GDP)
C
productivity
D
standard of living
11) to send to another country
A
import
B
free trade
C
export
D
sustainability
12) bring in a product from another country
A
export
B
import
C
free trade
D
currency
13) arrangement where a group of countries decides to set little or no tariffs on quotas
A
sustainability
B
free trade
C
currency
D
traditional economy
14) a type of money
A
currency
B
import
C
sustainability
D
free trade
15) the economic principle by which a country works to create conditions where all the natural resources for meeting the needs of society are available
A
sustainability
B
free trade
C
nonrenewable resources
D
renewable resources
16) the process by which nations, cultures, and economies become integrated or mixed
A
culture group
B
human rights
C
cultural region
D
globalization
17) the rights that belong to all individuals
A
human rights
B
globalization
C
monarchy
D
democracy
18) a form of government in which one person has absolute power to rule and control the government, the people, and the economy
A
representative democracy
B
democracy
C
monarchy
D
dictatorship
19) form of government that is ruled by a king or queen
A
democracy
B
representative democracy
C
dictatorship
D
monarchy
20) a form of democracy in which citizens elect government officials to represent the people
A
monarchy
B
democracy
C
representative democracy
D
dictatorship
*select an answer for all questions
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