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Southern and Eastern Asia Gov & Econ Flashcards | StudBud
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Southern and Eastern Asia Gov & Econ
Southern and Eastern Asia Gov & Econ
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1
How are the leaders chosen in India, Japan, & South Korea
The people vote
The party picks the leader
2
The most economically repressed country in the world
China
India
North Korea
South Korea
3
A country refuses to trade with another country
tariff
quota
embargo
4
The skill and education of workers is called
Literacy
Entrepreneurs
Human Capital
5
In a democracy, the people are expected to
let the government make the decisions
listen to the king
vote for their representatives
6
Autocratic governments rule in North Korea and China.
True
False
7
In China, leaders are chosen by
the Communist Party
voting
the emperor
8
Trade allows nations to focus of making goods that they can produce the best. This is called
Specialization
Natural Resources
Human Capital
9
An individual who takes a risk to start a business is called a/an
communist
socialist
premier
entrepreneur
10
The most technologically advanced country & has a market leaning economy
India
South Korea
North Korea
Japan
11
A measurement of the total goods and services produced within a country.
exchange rate
literacy rate
GDP
GDP per Capita
12
India's most valuable natural resource is fish
False
True
13
An economic system in which the government decide what to produce, how to produce, for whom to produce?
Command
Market
Traditional
14
An economic system in which the questions are answered by individuals or corporations and decided by supply & demand.
Market
Command
Traditional
15
The Supreme People’s Assembly elects the chief of state and the premier in this country
South Korea
Japan
India
North Korea
16
An economic system in which decisions are made by customs passed down for generations
Market
Command
Traditional
17
Many countries help their economy by
collecting more taxes
taking over companies
implementing trade barriers
18
North Korean do not have freedom of speech.
True
False
19
A limit on the amount of imports from a country
quota
tariff
embargo
20
Which natural resource is found in Japan?
Petroleum
Arable land
Fish
Coal
21
India's GDP has increased by focusing on education and training for workers
False
True
22
Voting is important in an autocracy.
True
False
23
A tax on an imported goods
tariff
embargo
quota