What would a supporter of free trade say?

it helps to boost developing nations economies

which statement about imperialism and prosperity is most true

Most Former colonies have low levels of prosperity today

what is the Resource Gap

Gap between what the earth can supply and what is consumed

Standard of Living is the:

The level of social development in a country

What is a knowledge economy

The use of expertise or Knowledge to develop an economy

Which of these event occurred Second?

WWII provides industry to national economies

Which of these event occurred Third?

Bretton Woods agreement establishes IMF and World Bank

What is Foreign Investment

The investment of a country in a foreign country's resources

What is Privatization

The selling of public domains to the private sector

The hiring of an outside company to complete a task

What is Steadwardship

Responsible management of land for future use.

What does NAFTA stand for?

North American Free Trade Agreement

Which of these events occurred first?

Great Depression cripples economies globally

Which qualities are important in a capitalist economy?

Private property and no government regulation

What do critics of the IMF say?

They give funding but have no power

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10-2 Unit 3 Review

33 termsStudBud Administration8 plays

A review of the all of Unit 3 from Alberta Social Studies 10-2 #102 #economics #unit3 #environmentalism #sustainability

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Questions 33

Answers

1
Which measurement only considers the value of goods and services a country produces in a year?
GPI
GDP
HDI
GNH
2
What would a supporter of free trade say?
it causes poverty
it helps to boost developing nations economies
people lose jobs
it increases family incomes
3
What was an agreement that was signed between allied countries in 1944?
Bretton Woods
G8
World Bank
Anti-Globalization
4
which statement about imperialism and prosperity is most true
Former imperial powers have low levels of prosperity today
Former colonies have as much prosperity as imperial powers
Most Former colonies have low levels of prosperity today
5
what is the Resource Gap
The poor get rich and the rich get poorer
Gap in technology between 1st and 3rd world countries.
Gap between what the earth can supply and what is consumed
Gap between the wealthiest and the poorest
6
Oil is a renewable resource
True
False
7
The HDI measures prosperity using all of the following except
Standard of Living
Life Expectancy
Gender Equality
Education and Literacy
8
Which Continent has the most sustainable footprint?
Europe
Africa
North America
9
Standard of Living is the:
The political stability in a country
The level of economic prosperity in a country
The level of social development in a country
The number of CEO’s in a country
10
Which two organizations came out of the Bretton Woods conference?
G8 and EU
NAFTA and IMF
WTO and GATT
IMF and World Bank
11
What is a knowledge economy
The selling of public domains to the private sector
The hiring of an outside company to complete a task
The investment of a country in a foreign country's resources
The use of expertise or Knowledge to develop an economy
12
Which of these event occurred Second?
Emergence of the United States as economic power
Great Depression cripples economies globally
WWII provides industry to national economies
Bretton Woods agreement establishes IMF
13
A transportation system that uses a standard size to fit ships, trains and trucks
Free Trade
Fed-Ex
Outsourcing
Containerization
14
We use this to measure how much money a country has.
GDP
IMF
WTO
NAFTA
15
Which of these event occurred Third?
WWII provides industry to national economies
Emergence of the United States as economic power
Great Depression cripples economies globally
Bretton Woods agreement establishes IMF and World Bank
16
What is Foreign Investment
The selling of public domains to the private sector
The use of expertise or Knowledge to develop an economy
The hiring of an outside company to complete a task
The investment of a country in a foreign country's resources
17
which Continent Currently produces the largest number of manufactured goods?
Blue
Orange
Red
Yellow
18
What is Privatization
The investment of a country in a foreign country's resources
The selling of public domains to the private sector
The use of expertise or Knowledge to develop an economy
The hiring of an outside company to complete a task
19
What does WTO stand for?
World Tariffs organization
World trade opposition
World Treaty organization
World Trade Organization
20
What is Outsourcing
The selling of public domains to the private sector
The investment of a country in a foreign country's resources
The hiring of an outside company to complete a task
The use of expertise or Knowledge to develop an economy
21
What is the group of the 8 wealthiest nations in the world called?
G8
NAFTA
IMF
WTO
22
How many hectares can the earth sustain for an ecological footprint?
3.89
5.89
7.89
1.89
23
What is Steadwardship
when an area is ruled by itself but guided by another
Responsible management of land for future use.
Direct Financial help by the government
People who inspire us to act in a way that is exemplary.
24
What does NAFTA stand for?
North American Free Trade Agreement
North American Freedom from Terrorism Act
North African Free Trade Agreement
North Atlantic Free trade Agreement
25
Which of these events occurred first?
Emergence of the United States as economic power
Bretton Woods agreement establishes IMF
Great Depression cripples economies globally
WWII provides industry to national economies
26
when a large company hires a company in a different country to do work for cheaper
Outsourcing
Regulation
Scarcity
Surplus
27
Which Continent is in Orange
South America
Asia
Africa
Australia
28
which Continent is in red
Europe
Africa
South America
North America
29
Which of these is not a Global Economic Organization
World Trade Organization
International Monetary Fund
NAFTA
International Olympic Comittee
30
Which Continent is in Green
Asia
Europe
South America
Africa
31
which Continent is in Purple
Africa
South America
North America
Europe
32
Which qualities are important in a capitalist economy?
Private property and no government regulation
Public Property and high government regulation
Public property and no government regulation
Private property and high government regulation
33
What do critics of the IMF say?
They dont have any money
They give funding but have no power
They provide lots of loans
They help build economic stability

10-2 Unit 3 Review Flashcards | StudBud