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Europe's Government & Economics Flashcards | StudBud
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Europe's Government & Economics
Europe's Government & Economics
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#europe #government #economics
Flashcards
13 cards
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Practice quiz
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Questions
13
Answers
1
An economy that has very little industry but lots of farming
mixed
traditional
market
command
2
An investment in human capital will decrease the GDP
True
False
3
The economic systems of the UK, Germany, and Russia are all
Traditional
Market
Command
Mixed
4
Type of economy that is most closely associated with a democracy
pure command
pure market
mixed, mostly market
mixed, mostly command
5
A country with an abundance of Natural Resources has a large impact on its
Geography
Topography
Climate
GDP
6
Entrepreneurs positively impact the GDP by creating businesses that provide jobs
True
False
7
When the government refuses to import a good or service
quota
tariff
embargo
barrier
8
The economic system of an autocratic form of government is most closely associated with
Mixed
Traditional
Market
Command
9
An entrepreneur making a capital investment would NOT
replace damaged hard hats for workers
replant trees to replace that they have cut down
buy a larger fleet of logging trucks
invest in better chain saws
10
The practice of putting a limit on the amount of imports
barrier
tariff
quota
embargo
11
Countries with the same currency are able to trade more easily
False
True
12
Investment in Human Capital would include all of the following except
education
statistics
health
training
13
A system where the people vote for the legislature and the legislature chooses the leader
absolute monarchy
parliamentary democracy
presidential democracy
dictatorship