Review Government And Economy In The Middle E Question Preview (ID: 11519)
Review Of Key Economic And Govt Terms.
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Islamic Law based on the Principles of the Qu\'ran is called
a) autocratic
b) democratic
c) constitutional
d) sharia
The most powerful person in this country inherits his position
a) Israel
b) Iraq
c) Saudi Arabia
d) Iran
An example of an entrepreneur is
a) working in an oil rig
b) weaving a blanket and selling it in a market
c) being the president of the U.S.
d) working in a bank
In a command economy who makes the economic decisions?
a) private citizens
b) the principal of your school
c) the government
d) owners of large businesses
A system of converting money from one country to another is called
a) money bag
b) check balancing
c) credit
d) currency exchange
An economy that offers more than one economic activity is called
a) oligarchic
b) limited
c) theocratic
d) diversified
The value of the Goods and Services a country produces in a year is called?
a) currency
b) capital
c) GDP Gross Domestic Product
d) federal
The value of people\'s work is called?
a) human capital
b) GDP
c) capital
d) currency
A trade barrier banning trade with a country
a) human capital
b) embargo
c) entrepreneur
d) quota
The Israeli parliament is called ?
a) Knesset
b) prime minister
c) confederation
d) congress
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