Government And Economy Unit Study Guide Question Preview (ID: 62458)
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United States has had an embargo on trade with Communist?
a) Cuba
b) Russia
c) Australia
d) India
____________ was increased by improvements in transportation, communication, and the internet.
a) Interest Rate
b) Globalization
c) Banks
d) Profit
CDs or Certificates of deposit offers better __________ _______________than savings accounts.
a) Profit
b) Banks
c) Globalization
d) Interest rate
______ are the safest places where people can store money, where it will be insured against theft and other loss.
a) Profit
b) Banks
c) Interest rate
d) Globalization
Governments must make sure that taxes are not too high, so businesses can make a?
a) Banks
b) Interest rate
c) Profit
d) Labor
______ and ______ have a socialist economy.
a) Sweden and India
b) Georgia and Russia
c) China and Russia
d) United States and Mexico
In a communist economy, the _________ controls lol the factors of production.
a) People
b) Business
c) Government
d) Elderly
in a Capitalist economy, individuals and businesses own the ___________.
a) Banks
b) Interest rate
c) Profit
d) Factors of production
________ borders are straight lines based on lines of latitude or longitude.
a) Cultural
b) Geometric
c) Human
d) Sovereign
_____________ is used to prevent was, solve problems, and open communication between countries.
a) Diplomacy
b) Foreign policy
c) National interest
d) Sovereign nation
The purpose of the United Nations is to promote?
a) War and Violence
b) Quiet and loudness
c) Poor and Rich
d) Peace and Security
Who is the leader of North Korea
a) Kim Jong-un
b) Mao Zedong
c) Joseph Stalin
d) Adolf Hitler
Who is the leader of China
a) Adolf Hitler
b) Joseph Stalin
c) Mao Zedong
d) Kim Jong-un
In wartime, Americans are required to serve in the military, known as?
a) Draft
b) Profit
c) Sovereign Nation
d) Jury Duty
_________ ____________ in the United States should be conducted peacefully, respectfully, and tolerant of others rights and liberties.
a) Jury Duty
b) Voting
c) Paying Taxes
d) Civic Participation
_________ _______ is important in many economies, because people would not start businesses without it.
a) Production
b) Profit Incentives
c) Natural Resources
d) Voting
________ __________ are raw materials needed to produce goods.
a) Paying Taxes
b) Civic Participation
c) Profit incentives
d) Natural Resources
Financial capital is the money a business uses to buy the tools and equipment, or capital goods they use in ________.
a) Production
b) Labor
c) Profit
d) Natural Resources
__________ is the human time, effort, skills, and talent needed to produce goods ad services.
a) Natural Resources
b) Profit
c) Labor
d) Production
Capital is the goods used to make other ________ and __________.
a) Profit, Labor
b) Goods, Services
c) Draft, Jury Duty
d) Production, Profit
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