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Australia's Economy Flashcards | StudBud
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Australia's Economy
Australia's Economy
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Questions
12
Answers
1
Investing in education, health, & job training is called:
entrepreneurship
capital goods
GDP
human capital
2
Human capital investments include:
all of the above
education
health services
job training
3
What comparison describes Mexico's and Cuba's economy?
Mexico's is more market leaning
Cuba's is more market leaning
Mexico's is more command leaning
They are both traditional
4
What type of economy does Brazil have?
market leaning
command leaning
traditional
pure command
5
What type of economy does Mexico have?
pure command
market leaning
pure market
command leaning
6
Investment in capital goods implies money invested toward:
machinery
all of the above
technology
factories
7
Although a mixed economy, Australia's economy is closest to:
pure command
closer to command
traditional
pure market
8
This industry depends mostly on a labor force with high human capital:
sugar
healthcare
tobacco
tourism
9
For easier trade with other countries, most Australian's live:
in the outback
in the north
in the south
on the eastern coast
10
Cuba's economy is mostly:
market leaning
mixed
traditional
command leaning
11
If Brazil invests in human capital, the GDP of the country will most likely...
decrease
remain the same
increase
flucuate
12
The Aboriginal Australians had this type of economy:
pure market
pure command
traditional
mixed