How do investments in capital goods help workers?

It helps workers to be more productive.

Which of these is an example of human capital?

scientist, factory worker, accountant

Which of these is an example of entrepreneurship?

idea for a new car powered by solar energy

What are the 4 factors of economic growth?

hum. capital, capital, natural resources, entrepreneurship

Which of these is an example of capital goods?

new robotic technology in a factory

The three basic economic systems are?

traditional, command, and market.

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Economics of Southern and Eastern Asia SS7E8c, SS7E9, SS7E10abc

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Answers

1
How do investments in capital goods help workers?
Workers can spend more time talking.
Workers can continue to make goods the same way.
It helps workers to become lazy.
It helps workers to be more productive.
2
Which two countries have the strongest economies in Southern and Eastern Asia?
Japan and China
South Korea and Vietnam
China and Vietnam
India and North Korea
3
Which of these is an example of human capital?
coal mine
idea for a new car powered by solar energy
new robotic technology in a factory
scientist, factory worker, accountant
4
The US puts a $2 fee on all silk ties coming in from Thailand. This is:
A Tariff
A Quota
An Embargo
5
Which of these is an example of entrepreneurship?
scientist, factory worker, accountant
idea for a new car powered by solar energy
new robotic technology in a factory
coal mine
6
India refuses to allow its citizens to trade with Pakistan. This is:
An Embargo
A Quota
A Tariff
7
Whatis GDP?
C+I+G+(X-M)
gross dusty products
the wealthiest economies in SE Asia
overall health of a country’s peanut economy
8
Democratic countries lean toward a _________ system. Communists lean toward a _________ system.
traditional and market
command and market
command and traditional
market and command
9
What are the 4 factors of economic growth?
human capital, tools, natural resources, & entrepreneurship
human capital, capital, coal, and businessmen
hum. capital, capital, natural resources, entrepreneurship
humans, oil, entrepreneurship, and capital
10
Why is it important for countries to invest in human capital?
It increases rules in a county.
It lowers taxes in a country.
It leads to a lower GDP.
It leads to a higher GDP.
11
Which of these is an example of a natural resource?
idea for a new car powered by solar energy
new robotic technology in a factory
coal
scientist, factory worker, accountant
12
Japan limits the amount of Ford SUV's coming into their country to 20,000 a year. This is:
A Quota
An Embargo
A Tariff
13
Which of these is an example of capital goods?
idea for a new car powered by solar energy
new robotic technology in a factory
coal
scientist, factory worker, accountant
14
Most countries in the world have a _____________ economy.
Command
Market
Mixed
Traditional
15
The three basic economic systems are?
market, command, and oligarchy.
traditional, command, and market.
traditional, communist, and command
market, traditional, and monarchy.

Economics of Southern and Eastern Asia SS7E8c, SS7E9, SS7E10abc Flashcards | StudBud