Southern and Eastern Asia Gov. & Economics Unit Review

Question 1

Which factor of production includes training and educating people?

Accepted Answer

Human Resources

Question 2

In which country are the citizens given the right to vote but it is not a true choice due to government restrictions?

Accepted Answer

China

Question 3

Both India and Japan practice a parliamentary democracy, what is the title of the person with the power?

Accepted Answer

Prime Minister

Question 4

In a parliamentary democracy, who chooses the leader?

Accepted Answer

The legislature

Question 5

What term describes jobs that are moved overseas to nations where work is done more cheaply?

Accepted Answer

Outsourcing

Question 6

Which of the countries that we have studied is closest to pure command?

Accepted Answer

North Korea

Question 7

In which economic system do consumers and producers answer the three economic questions?

Accepted Answer

Mixed Market

Question 8

In what economic state do ALL countries exist?

Accepted Answer

Mixed

Question 9

ANY form of control over trade is called a/an _______ ______?

Accepted Answer

Trade barrier

Question 10

Which factor of production involves the push for English education in school?

Accepted Answer

Human Resources

Question 11

What is trade between DIFFERENT countries?

Accepted Answer

International trade

Question 12

What type of government does China practice?

Accepted Answer

Communism

Question 13

Which factor of production includes the starting of a new business?

Accepted Answer

Entrepreneurship

Question 14

What are goods that produced in a factory and are sold to consumers?

Accepted Answer

Consumer Goods

Question 15

Which factor of production includes infrastructure?

Accepted Answer

Capital Resources

Question 16

What is the role of the citizens in the governments of Japan, India, and South Korea?

Accepted Answer

Democratic

Question 17

Which trade barrier stops all trade?

Accepted Answer

Embargo

Question 18

How would one describe the economy of India?

Accepted Answer

Mixed Market

Question 19

What is a person that invests in a business hoping to make a profit?

Accepted Answer

Entrepreneur

Question 20

What is the value of your currency in terms of another country's currency?

Accepted Answer

Exchange Rate

Question 21

What to produce, how to produce and what other question is part of the three economic questions?

Accepted Answer

For whom to produce?

Question 22

Which trade barrier stops trade?

Accepted Answer

Embargo

Question 23

What factor of production includes technology and infrastructure?

Accepted Answer

Capital Resources

Question 24

Which country has few natural resources but has one of the world's largest economies?

Accepted Answer

Japan

Question 25

What word best describes China's economic system?

Accepted Answer

Mixed Market

Question 26

In a presidential democracy, who chooses the leader?

Accepted Answer

The citizens

Question 27

What is the term that best describes goods being produced so cheaply, quickly, and efficiently?

Accepted Answer

Specialization

Question 28

How would one describe South Korea's economy?

Accepted Answer

Mixed Market

Southern and Eastern Asia Gov. & Economics Unit Review

Questions 28

Southern and Eastern Asia Gov. & Economics Unit Review

Questions 28