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Latin America Gov Econ 2 Flashcards | StudBud
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Latin America Gov Econ 2
Latin America Gov Econ 2
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1
Countries with high literacy rates usually have
high poverty rates.
low standards of living.
high standards of living.
high unemployment rates.
2
In Cuba's government the ruler has absolute power and is not restricted by the law. Name the type of government.
Federal-Republican
Parliamentary democracy
Dictatorship
Presidential democracy
3
In which system of government does the
legislature
elect the
executive leader
of the
government
?
parliamentary democracy
presidential democracy
communist
dictatorship
4
USMCA was established to remove trade barriers and encourage trade in these three countries
U.S., Cuba, Mexico
Canada, Mexico, U.S.
Canada, Cuba, Mexico
U.S., Canada, Cuba
5
Which type of government would most likely abolish all opposing political parties, the direct election of leaders?
representative democracy
republic
constitutional monarchy
autocratic
6
The leader of the Parliament is selected by the legislature. This is
dictator
monarchy
parliamentary
presidental
7
Cuba has a type of government in which one ruler has all power. Two words for this are:
democracy
parliament
dictatorship
autocracy
8
What do we call economic systems that have both command and market qualities?
mixed
traditional
hybrid
merged
9
Which statement is true about human capital?
Investment in healthcare limits economic growth.
Investment in education and healthcare lowers the GDP.
Investment in education and technology lowers the GDP.
Investment in education and technology grows the economy.
10
On January 1, 1959 _____________ seized power and declared Cuba a communist state.
Emiliano Zapata
Jose’ Marti
Che’ Guevara
Fidel Castro
11
If Costa Rica charges a 55% tax on sugar imported from Cuba, that is called
a quota
a profit
an embargo
a tariff
12
Which
best
describes how a parliamentary democracy differs from a presidential democracy?
There are usually two major political parties.
citizens elect legislature - legislature selects chief executive
citizens elect legislature and chief executive
The legislature consists of two houses.
13
Which agreement officially eliminated trade barriers between countries in North America?
NELLIE
OSHA
NATO
USMCA
14
The leader of Cuba before the successful 1959 Cuban revolution was
Emiliano Zapata
Fugencio Batista
Che’ Guevara
Jose’ Marti
15
The higher the literacy rate a country has,
the lower the GDP.
the higher the unemployment rate.
the higher the GDP.
the lower the standard of living.
16
Because Venezuela produces large amounts of oil and focuses on that export for most of their $,
they discourage oil trade.
they put high tariffs on oil.
they limit the amount of oil they export.
they are specializing in that export.
17
The United States placed an economic ___________ on Cuba, which blocked the island’s sugar exports to American markets.
attack
tariff
quota
embargo
18
Remote tribes in the Amazon that hunt and farm the way their ancestors did have
command economies
modern economies
market economies
traditional economies
19
How do market economies answer the 3 basic economic questions?
How do we make money? What kind of money? Who likes money?
What should we make? How will we make it? Who will buy it?
What should we make? Who will eat it? How can we make more?
What is an exonomic querstyon?
20
Exchanging currency between countries helps them
increase trade barriers
produce more crops
trade with other countries
solve environmental issues
21
Having natural resources allows a country to
produce all the good it needs.
spend more money importing natural resources.
export natural resources which makes money for the country.
not have to import any goods.
22
Cuba has a dictatorship in which power is held by one central authority. What type of government does Cuba have?
monarchy
parliamentary democracy
autocracy
presidential democracy
23
Which countries are listed
from most command
to most market in
left to right order
?
Canada, Brazil, Cuba
Cuba, Brazil, Canada
Brazil, Cuba, Canada
Cuba, Canada, Brazil
24
All citizens participate equally in which type of government?
theocracy
autocracy
democracy
monarchy
25
A lasting impact of the Cuban Revolution has been
More economic choices for the people.
Less need for trade with other countries
More leaders chosen by the people
Less political freedom for Cubans.
26
How do command economies answer the 3 basic economic questions?
Supply and demand guide buyers' and sellers' decisions.
Decisions are made based on traditions of the past.
The government makes all decisions.
Congress makes all decisions.
27
Cuba allowed the U.S.S.R. to build a missile launching complex on Cuba in 1962, sparking a 13 day standoff known as-
Cuban War
Cuban Missile Crisis
Cold War
Berlin Airlift
28
Investment in capital goods results in
decreases the GDP.
increases the GDP.
increases the unemployment rate.
decreases the standard of living.
29
As the leader of your political party, you were chosen the head of government by your co-workers in the legislature-
presidential
oligarchic
parliamentary
autocratic
30
What is a basic way citizens of a democratic nation can influence the government?
voting
consuming goods
working
obeying laws
31
Emma uses her money and time to start a business selling purses. Emma is
not taking any risks.
not paying taxes.
an entrepreneur.
a factory worker.
32
In Brazil, citizens vote for the chief executive and the legislature. This means that Brazil's government is:
monarchy
dictatorship
presidential democracy
parliamentary democracy
33
Because Cuba produces cigars but the U.S. has an embargo on Cuba,
U.S. citizens pay a higher tax for Cuban cigars.
The U.S. can only import a limited amount of Cuban cigars.
U.S. citizens cannot legally buy Cuban cigars.
Cuba cannot sell cigars to any country.
