Which of these event occurred Second?

WWII provides industry to national economies

What do critics of the IMF say?

They give funding but have no power

what is the Resource Gap

Gap between what the earth can supply and what is consumed

What does consumerism mean?

Always needing to have new things

The hiring of an outside company to complete a task

which statement about imperialism and prosperity is most true

Most Former colonies have low levels of prosperity today

What would a supporter of free trade say?

it helps to boost developing nations economies

Which of these events occurred first?

Great Depression cripples economies globally

What is Foreign Investment

The investment of a country in a foreign country's resources

Which qualities are important in a capitalist economy?

Private property and no government regulation

What is Privatization

The selling of public domains to the private sector

What is Steadwardship

Responsible management of land for future use.

Standard of Living is the:

The level of social development in a country

Which of these events occurred Third?

Bretton Woods agreement establishes IMF and World Bank

What does NAFTA stand for?

North American Free Trade Agreement

What is a knowledge economy

The use of expertise or Knowledge to develop an economy

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Social 10 Unit 3 Review

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A review of the all of Unit 3 from Alberta Social Studies 10-2 #102 #economics #unit3 #environmentalism #sustainability

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Questions 39

Answers

1
Which of these event occurred Second?
WWII provides industry to national economies
Great Depression cripples economies globally
Bretton Woods agreement establishes IMF
Emergence of the United States as economic power
2
What do critics of the IMF say?
They give funding but have no power
They dont have any money
They help build economic stability
They provide lots of loans
3
what is the Resource Gap
The poor get rich and the rich get poorer
Gap in technology between 1st and 3rd world countries.
Gap between what the earth can supply and what is consumed
Gap between the wealthiest and the poorest
4
What does consumerism mean?
Selling stuff you are does using
Buying stuff only when you need it
Always needing to have new things
Using a product until it no longer works
5
What is Outsourcing
The selling of public domains to the private sector
The investment of a country in a foreign country's resources
The use of expertise or Knowledge to develop an economy
The hiring of an outside company to complete a task
6
which statement about imperialism and prosperity is most true
All Former colonies have as much prosperity as imperial powers
Most Former colonies have low levels of prosperity today
All Former imperial powers have low levels of prosperity today
7
Which Continent is in Green
Asia
Africa
South America
Europe
8
What is the group of the 8 wealthiest nations in the world called?
IMF
WTO
NAFTA
G8
9
What does WTO stand for?
World Trade Organization
World trade opposition
World Tariffs organization
World Treaty organization
10
What would a supporter of free trade say?
it helps to boost developing nations economies
people lose jobs
it increases family incomes
it causes poverty
11
when a large company hires a company in a different country to do work for cheaper
Outsourcing
Scarcity
Surplus
Regulation
12
Which two organizations came out of the Bretton Woods conference?
WTO and GATT
NAFTA and IMF
IMF and World Bank
G8 and EU
13
The HDI measures prosperity using all of the following except
Standard of Living
Gender Equality
Life Expectancy
Education and Literacy
14
Adam Smith Supported:
Monarchy
Capitalism
Communism
Democracy
15
which Continent Currently produces the largest number of manufactured goods?
Yellow
Orange
Blue
Red
16
Is a Welfare Capitalist
Fredrich Hayek
Milton Freidman
John Maynard Keynes
Adam Smith
17
Which measurement only considers the value of goods and services a country produces in a year?
HDI
GPI
GNH
GDP
18
Which of these events occurred first?
WWII provides industry to national economies
Bretton Woods agreement establishes IMF
Emergence of the United States as economic power
Great Depression cripples economies globally
19
which Continent is in red
Africa
South America
Europe
North America
20
How many hectares can the earth sustain for an ecological footprint?
7.89
3.89
5.89
1.89
21
A transportation system that uses a standard size to fit ships, trains and trucks
Containerization
Free Trade
Outsourcing
Fed-Ex
22
We use this to measure how much money a country has.
IMF
GDP
WTO
NAFTA
23
What is Foreign Investment
The use of expertise or Knowledge to develop an economy
The investment of a country in a foreign country's resources
The selling of public domains to the private sector
The hiring of an outside company to complete a task
24
Which of these is not a Global Economic Organization
World Trade Organization
International Olympic Comittee
NAFTA
International Monetary Fund
25
Which qualities are important in a capitalist economy?
Public Property and high government regulation
Private property and high government regulation
Private property and no government regulation
Public property and no government regulation
26
Which Continent is in Orange
Australia
Africa
South America
Asia
27
What is Privatization
The hiring of an outside company to complete a task
The investment of a country in a foreign country's resources
The use of expertise or Knowledge to develop an economy
The selling of public domains to the private sector
28
What is Steadwardship
Responsible management of land for future use.
when an area is ruled by itself but guided by another
Direct Financial help by the government
People who inspire us to act in a way that is exemplary.
29
Believed competition and the market would keep the economy healthy
Milton Freidman
Fredrich Hayek
John Maynard Keynes
Adam Smith
30
Oil is a renewable resource
True
False
31
Believed governments should set up programs to hire the unemployed
Adam Smith
Fredrich Hayek
Milton Freidman
John Maynard Keynes
32
Standard of Living is the:
The political stability in a country
The level of economic prosperity in a country
The number of CEO’s in a country
The level of social development in a country
33
Which of these events occurred Third?
Bretton Woods agreement establishes IMF and World Bank
WWII provides industry to national economies
Emergence of the United States as economic power
Great Depression cripples economies globally
34
What does NAFTA stand for?
North Atlantic Free trade Agreement
North American Free Trade Agreement
North African Free Trade Agreement
North American Freedom from Terrorism Act
35
which Continent is in Purple
Europe
Africa
North America
South America
36
Thought that, in tough times, people should not rely on the government to help.
John Maynard Keynes
Milton Freidman
Adam Smith
Fredrich Hayek
37
What was an agreement that was signed between allied countries in 1944?
Bretton Woods
G8
Anti-Globalization
World Bank
38
What is a knowledge economy
The selling of public domains to the private sector
The investment of a country in a foreign country's resources
The hiring of an outside company to complete a task
The use of expertise or Knowledge to develop an economy
39
Which Continent has the most sustainable footprint?
Africa
Europe
Australia
North America

Social 10 Unit 3 Review Flashcards | StudBud