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ECON-GOVT Review Flashcards | StudBud
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ECON-GOVT Review
ECON-GOVT Review
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7th Grade Economic and Government Terms
Flashcards
38 cards
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Questions
38
Answers
1
This economic system is based on social roles and culture.
Free Market
Traditional
Command
Mixed
2
This is the amount of work a person does for payment.
Resources
Capital
none of the above
Labor
3
Which of the following is NOT a trade barrier
Capital goods
Embargoes
Tariffs
Mountains
4
Which of the following is NOT one of the 5 Themes of Geography?
Human/Environmental Interaction
Location
Government
Place
5
An economic system based on individual choices and voluntary trade.
Command
Mixed
Traditional
Market
6
This democracy has the citizens elect the legistature and the legislature selects an executive (leader).
Federal
Parliamentary
Monarchy
Presidential
7
This is the amount of one currency that can be purchased for a given unit of another.
Foreign exchange
Currency
Exchange rate
External Rate
8
Which of the following is NOT part of the 5 Fields of Social Studies? (CHEGG)
geology
government
ecomonics
culture
9
If the leader of the country took control by force, the government most likely is...
Absolute monarchy
totalitarian
theocratic
Constitutional monarchy
10
This is the most common type of economy in the world.
mixed
traditional
market
command
11
This is money in any form that is accepted as a medium of exchange.
currency
natural resources
currently
Exchange rates
12
Goods brought into one country from another through trade or sale are...
Traditional trade
exports
tariffs
imports
13
The most common type of economy in the world is...
Command
Mixed
Market
Traditional
14
This economic system based on individual choices and voluntary trade. Supply and demand control this.
mixed
traditional
market
command
15
The worst type of economy for an entrepreneur is...
Mixed
Unitary
Command
Free Market
16
Citizens can vote in a communist country.
False
True
17
Autocratic governments typically have this type of economy.
command
dictatorship
market
traditional
18
The two forms of autocracies are a dictatorship and...
rulership
unitary
oligarchy
monarchy
19
This is a country that is governed by a SINGLE person with unlimited power
Oligarchy
autocracy
democracy
theocracy
20
This person combines land, labor, and capitol to produce goods or services.
Entrepreneur
Entertainer
Enterprizer
Prime minister
21
This is an economic system that has features of traditional, command, and market systems.
Command
Mixed
Publix Supermarket
Free Market
22
Which of the following is considered a primary source?
textbook
atlas
journal or diary
historical fiction
23
If your country has people that have been elected to be representatives for you in government, your country is...
a republic
communist
community authoritarian
a constitutional monarchy
24
Iran has this type of government. It is run by a religious leader who follows the Qur'an.
theocracy
democracy
autocracy
monarchy
25
Examples are land, forests, mineral deposits, and water
Entrepreneurship
exports
GDP
natural resources
26
The economic system questions are: What will be produced? How will it be produced? and...
How much will be produced?
For whom will it be produced?
When will it be produced?
Where will it be produced?
27
This means to stop or greatly limit trade with another country.
detradificationism
tariff
embargo
quota
28
Which of the following is
not
part of human environmental interaction?
modifying the environment
avoiding the environment
adapting to the environment
depending on the environment
29
If a government decides to place a tariff on another country, it is placing a tax on...
imports
human capital
exports
embargos
30
My social studies teacher's first name is...
Brian
Bobby
Brandon
Ben
31
The exchange of goods and services between countries
International trade
economic system
embargo
exchange rate
32
This is a TYPE of government that is run by a group of people.
oligarchy
democracy
autocracy
theocracy
33
This TYPE of government receives its power from all of the citizens.
Democracy
Autocracy
Federal
Dictatorship
34
Which of the following governments allows for little or no citizen participation?
Autocratic
Democratic
Automatic
Theocratic
35
If your country has a leader that is INDIRECTLY elected (the legislature chooses), your government is...
a parliamentary democracy
a parliamentary autocracy
a presidential democracy
a constitutional democracy
36
Goods and services traded with or sold to other countries
embargos
imports
exports
tariffs
37
This is the total value of all goods and services produced by a country in one year
Gross Domestic Product
Gross Domestic Partnership
GPB
GDB
38
If someone has been trained and educated in preparation for a job, this has been increased.
Wages
Entrepreneurship
Human capital
Capital Goods