Government, Economics and Geography Pre-Test

Grain, Vegetables and other crops as the largest good is associated with what type of Economy?

The Command Economic System is mostly closely associated with the following?

New Factories, New Technology, and New and improved Tools is an example of?

If a country invests heavily in human capital, what would be the result of the GDP?

Definition when your island decides to focus on creating a few specific products using materials you already have.

How much participation do people have in an autocratic country?

North Korea will not stop making nuclear Weapons. This is a political problem. What trade barrier should be used on NK

Which trade barrier would increase the price of imported goods brought into the United States?

Entrepreneurship and starting a business is encouraged in what type of economic system?

Oil, Water, Wood, Minerals, Coal, Iron Ore and Uranium are examples of what?

An increase in the investment in human capital will most likely have what affect?

Economic System in which private ownership by the people is encouraged.

What is one of the responsibilities of the legislature in a parliamentary democracy?

Which statement is true of a parliamentary democracy?

If the US and Japan both decreased their tariffs what would each country be experiencing?

Kenya's literacy rate is 85%, Afghanistan is 28%. Which country has a lower standard of living

Which answer below is not an example of Human Capital?

Human capital, capital goods, entrepreneurship and ______________ are productive resources.

The two types of democracy are?

The word competition is most associated with what type of Economic System?

What do legislatures in both parliamentary and presidential democracies have in common?

Economic system in which people trade with each other for goods and are found in agricultural societies.

Limiting the number of Mercedes Cars into the US is what type of trade barrier?

A tax on goods to protect local US businesses is called?

Based on the diagram at the left, what can we assume about Japan's economy?

The stand in the picture is an example of what?

Kim Jong Un is the supreme leader of North Korea, he is not elected, he controls the media and has absolute power.

Education, College System, Training, and Medical Research is an example of what?

The US Congress votes to place an embargo on North Korea; this is an example of what?