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Ch 15 Economics
Which is an example of a large scale economy?
Carrying capacity is
Ch 15 Economics
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1
Carrying capacity is
the ability of a farm to intensively produce more crops
how many people different subways can carry in 24 hr.
all of the other choices
how much population a region can support using its resource
2
Which is an example of a large scale economy?
hunting and gathering
feudalism
a planned economy
. primitive seed agricultures
3
Two main principles in capitalistic economies are
supply and demand
hunting and gathering
ability and camaraderie
mercantilism and trade
4
Planned economies mainly promise that
material goods will be equitably distributed
profits and benefits will ‘trickle down' to all
merchants will gain from trade in valued goods
.valuable services will be provided for a fee
5
Most indications are that modern agriculture in Europe was originally from
the central Russian plain
the Americas
vegatative planting in Europe
the Fertile Crescent
6
What is meant by the ‘private sector'?
the FBI investigating your cross-state banking crimes
individuals and companies working outside government
roadwork operated by taxes in a local city or municipality
employment in the State of Ohio or State of Indiana
7
In terms of GNP on the map, which region of the world virtually disappears?
Australia
Europe
Africa
Asia
8
Capitalism mainly entails
all of the other choices
people working together mainly for the good of the state
working hard for the king or queen
making a profit.
9
Which was a main characteristic of agriculture in the Fertile Crescent?
vegeculture
wheat and barley
corn and squash
millet and sorghum
10
On the globe, hunting and gathering societies
exist in only a few places around the world.
exist only in China and India
exist in almost every country of the world
. are gaining in importance worldwi
11
Which is the best example of a primary sector economic activity?
the sale of your used automobile
mining the iron ore for the engine of that automobile
the sale of insurance for that automobile
changing the oil of an automobile
12
Between AD 900 and AD 1100 capitalistic trade arose in what two places?
the Mediterranean and Baltic Sea/North Sea areas of Europe
. the Fertile Crescent/Middle East and northwest Afric
the Black Sea and British Isles areas of Europe
western Russia and central Europe, particularly France
13
Feudalism was a small scale economic endeavor based on
global banking
self-contained estates
warring local chieftains
None of the other choices
14
When we say GNP "per capita", this phrase means
per household
on average
the sum value
per person
15
Economic geography studies economic activities, but with a special eye towards
agriculture and food production
money, banking and financial endeavors.
location, distribution, and spatial interactions
service industries related to urban life
16
The map of the size of the world economies (GNP) shows which country to be the largest?
China
United States
Japan
Brazil
17
Hunting and gathering, primitive agriculture, and feudalism are together referred to as
global economic systems
regional economic systems
national economic systems
local economic systems
18
Imperial economies may
allow long distance trade
All of the other choices
allow specialization of trade within their borders
have people interacting across great distances
19
The most likely job in the ‘public sector' would be
flipping burgers at a McDonalds
selling shoes at Sears
enforcing pollution regulations for a state government
the purchase and sale of stocks for individual shareholders
20
The phrase ‘industrial activity' refers to
none of the other choices
the growing of crops for food
the use of raw material to make or fabricate a final product
making successful irrigation
