Unit 2 Test Review: Europe PART II Question Preview (ID: 35197)
Government, History, Economy And Geography Of Europe.
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What is the purpose of the European Union?
a) to promote free trade (do away with trade barriers)
b) to make trade easier with a common currency
c) to help Europeans save money on goods
d) All of these
What are the four economic systems?
a) market, mixed, continuum, command
b) command, mixed, market, free
c) traditional, market, command, mixed
d)
Both Germany and the UK have economies that lean toward ____________ on the economic continuum.
a) command
b) traditional
c) market
d) none of these
Russia has a mixed economy that leans toward _______________ on the economic continuum.
a) market
b) traditional
c) command
d) none of these
A ___________ is a fee or tax on imported goods.
a) tariff
b) embargo
c) quota
d) trade barrier
A _______________ is a limit on imported goods.
a) tariff
b) embargo
c) quota
d) trade barrier
A(n) ______________ is a ban on trade.
a) tariff
b) embargo
c) quota
d) trade barrier
What are you investing in if you invest in human capital?
a) education
b) technology
c) factories
d) roads
What is considered as physical capital or capital goods?
a) machinery
b) education
c) health
d) training
_____________ refers to the development of one or two specific industries within a nation.
a) physical capital
b) human capital
c) specialization
d) natural resources
People who start their own business in the hopes of making a profit are known as what?
a) entreprenuers
b) investors
c) oligrachs
d) educated
What must you do with your money when you travel to another country that uses a different currency?
a) spend it
b) save it
c) exchange it
d) sell it
Which of the following is NOT one of the three G's of the reasons for exploration?
a) Gold (the explorers wanted to get rich)
b) God (the explorers wanted to spread Christianity)
c) Glory (the explorers wanted to be famous)
d) Gory (the explorers like to see how many people they could kill)
Which Portuguese opened a school for navigation in hopes of finding a sea route to Asia?
a) Christopher Columbus
b) Prince Henry
c) Vasco da Gama
d) Ferdinand Magellan
Which European country once had the largest empire in the world? (The sun never set on this empire...)
a) Portugal
b) France
c) Spain
d) United Kingdom
The Treaty of Versailles ended
a) WWII
b) WWI
c) Russian Revolution
d) The Cold War
After the Russian Revolution, Russia became a __________ country .
a) democratic
b) communist
c) fascist
d) free
The stock market crash of 1929 led to the
a) Great Depression
b) Great Awakening
c) Dark Ages
d) Cold War
Which political party began to rise in Germany as a result of the Treaty of Versailles?
a) communist
b) nazi
c) theocratic
d) proletariat
After the collapse of the Soviet Union, Germany ________________, and became a ____________ nation.
a) reunited/democratic
b) split/communist
c) collapsed/fascist
d)
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