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Latin America Review Flashcards | StudBud
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Latin America Review
Latin America Review
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GA Social Studies review of Latin America
Flashcards
17 cards
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Practice quiz
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Questions
17
Answers
1
NAFTA is an example of which pattern of behavioramong or between countries
Establishing trade quotas
Settling disputes
Forming trade agreements
Imposing trade tariffs
2
What 3 economic questions are asked when studying the similarities of all 3 economy systems
What to produce, why to produce, when toproduce?
opportunity cost, resources needed, how resources be used
What to produce, how to produce, and for whom toproduce
3
All of the statements about Cuba’s government are true EXCEPT
Cuba has enjoyed a Democratic Republic since1959
Cuba’s leader is head of the country’s only political party
Cubansmust vote in electionswhen they turn 16
The leader of the government is called aPresident
4
All of the following are true pertaining to Brazil’seconomy EXCEPT
employment rate is ever increasing
outweighs that of all other South American countries
moderate market economy
close to a command system
5
Part of theColumbian Exchange between Europe and the Americas included the
Introduction of new crops to Europe and the Americas
Movement of many indigenous Americans to Europe
Introduction of mass production to the Americas
Movement of goods on shipping routes across thePacific
6
Which of the following explanations would reflect a country with a mixed economy
combination of privately owned industry andgovt control
Prices and wages are solely regulated by acountry’s govt
Prices and wages are determined by supply and demand
7
Brazil is building new factories and using newer technology.These are examples of
Investment in human capital
aGross domestic product sdf
Investment in capital goods
Opportunity costs
8
Why were African slaves brought to the Americas?
Many Africans came willingly looking for newopportunities
ManyNative Americans refused to work for the Europeans
Africanswere skilled workers
ManyNative Americans died so workforce needed 2b replaced
9
Countries use the exchange rate system in order to
Sell their products for a higher value
Have identical purchasing power worldwide
Change the prices of goods
Sell their products to the lowest bidder
10
How did the agreement of NAFTA affect theeconomy of Mexico?
decreased imports to Canada
created many low paying jobs in Mexico
eliminated trade barriers with the U.S. and Mexico
jobs were relocated to the United States
11
In this system of government the executivebranch exists & presides separately from legislature
Presidential
Parliamentary
Autocratic
Federal
12
Which democratic government form has a prime minister as head of government
Oligarchic
Autocractic
Democratic Parliamentary
Democratic Presenidental
13
Haiti's literacy rate is 51%;Which statement best reflects these factors econ growth in Haiti?
high investment in human capital lowers the GDPper capita
greater opportunity for other capitalinvestments than edu
low investment in human capital lowers the GDPper capita
14
In the 1500’s, the Inca’s were conquered. Theirgold went to Europe & horsescame from Europe.
Bartering
Market Economy
Free Trade
Columbian Exchange
15
Gov't limited to a permanentunion of sovereign states for common action
Confederation
Federal
Democracy
Unitary
16
Rich natural resources, literate workers, & afree market economy are features of economies in
Only Cuba
Canada and Mexico
Cuba and Canada
Mexico and Cuba
17
Setbacks to specialization include all thefollowing except
Increased revenue
One-crop economies
Lack of diversification
Over specialization
