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Unit 2: Economic Systems - grade 8 Geography Flashcards | StudBud
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Unit 2: Economic Systems - grade 8 Geography
Unit 2: Economic Systems - grade 8 Geography
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Grade 8 - UNIT 2 Geograpgy Ontario Curriculum
Flashcards
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Questions
24
Answers
1
Command Economy
is...
when supply and demand commands the decisions.
when the government decides and controls the economy.
none of the above.
when the country's economy depends on their skills.
2
A Country's
HDI
score does not take into consideration that country's...
years of schooling
life expectancy
literacy rate
happiness
3
Which of the following would
decrease quality of life
?
safe drinking water
unemployment
access to education
access to healthcare
4
Oil and gas are......
non-renewable resources
renewable resources
solar resources
economic resources
5
Which of the following country's would have the highest GDP?
Pakistan
Tuvalu
Cambodia
Britain
6
For the last number of years, which country has held the world's highest HDI score?
USA
China
Canada
Norway
7
A country's
economy
can be described as...
good, better, best
awful, ok, great
poverty, developing, advanced
least develped, developing, most develped
8
An example of
Primary Industry
is....
Packagers
Teacher
Miners
Bull Riders
9
Natural Resources
come from ...
small companies
environment
factories
small offices
10
In Canada, the government owns and controls some essential services.
False
True
Sometimes
No.
11
The 4 types of
Economic Systems
are....
Traditional, Primary, Secondary, Market
System, Market, Buyers, Entrepreneur
Market, Command, Traditional, Mixed
Market, Command, Mixed, Crowne
12
China has a
GDP per capita
similar to...
Britain
Brazil
USA
Tuvalu
13
The factors that
does not
affect economic wealth...
population
human resources
natural resources
location
14
Which of the following describes Quaternary Industry?
Industry using natural resources to make consumer products
Industry focusing on the application of ideas and knowledge
Industry harvest natural resources from the environment
Industry selling goods, such as a retail store
15
Which of the following does not describe a level of industry?
Tertiary
Preliminary
Secondary
Quaternary
16
Canadian
Crown land
...
Is owned by the indigenous people in Canada
Is owned by private companies
Is owned by all Canadian citizens
Is owned by the Queen
17
A
Market Economy
is when....
is when the country grows one type of crop
the government makes full decisions on goods
is when all different types on people have decisions
goods produced are based on supply and demand
18
Forestry
is an example of ....
Command Industry
Tertiary Industry
Secondary Industry
Primary Industry
19
An example of a
Secondary Industry
is...
Retail
Researcher
Doctor
Construction
20
An
Economic System
is....
the way a country depends on their population
the way a country decides on currency
the way a country produces, distributes and consumes goods
the way a country makes their decisions
21
Canada's Economy
is based on a ....
Secondary Economy
Mixed Economy
Corporation Economy
Market Economy
22
An example of a
Tertiary Industry
is....
The customer
Growing corn
Manufacturing a car
A nurse
23
G.D.P.
stands for...
Grand Domestic Products
Grot Domestic Product
Gross Domestic Product
Growth Domestic Products
24
A
Traditional Economy
....
is when a country depends on their taxes to produce goods
is when a country make and grow their own food and goods
is when a country is depending on just one type of resource
is when a country meets their needs by buying products
