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Latin America Gov Econ 2 Flashcards | StudBud
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Latin America Gov Econ 2
Latin America Gov Econ 2
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1
Cuba has a dictatorship in which power is held by one central authority. What type of government does Cuba have?
parliamentary democracy
presidential democracy
autocracy
monarchy
2
What do we call economic systems that have both command and market qualities?
hybrid
merged
traditional
mixed
3
Having natural resources allows a country to
produce all the good it needs.
export natural resources which makes money for the country.
not have to import any goods.
spend more money importing natural resources.
4
Because Cuba produces cigars but the U.S. has an embargo on Cuba,
U.S. citizens pay a higher tax for Cuban cigars.
Cuba cannot sell cigars to any country.
The U.S. can only import a limited amount of Cuban cigars.
U.S. citizens cannot legally buy Cuban cigars.
5
USMCA was established to remove trade barriers and encourage trade in these three countries
U.S., Canada, Cuba
Canada, Mexico, U.S.
U.S., Cuba, Mexico
Canada, Cuba, Mexico
6
Which
best
describes how a parliamentary democracy differs from a presidential democracy?
citizens elect legislature - legislature selects chief executive
citizens elect legislature and chief executive
The legislature consists of two houses.
There are usually two major political parties.
7
Investment in capital goods results in
decreases the GDP.
decreases the standard of living.
increases the GDP.
increases the unemployment rate.
8
How do command economies answer the 3 basic economic questions?
Supply and demand guide buyers' and sellers' decisions.
Decisions are made based on traditions of the past.
Congress makes all decisions.
The government makes all decisions.
9
In which system of government does the
legislature
elect the
executive leader
of the
government
?
dictatorship
parliamentary democracy
communist
presidential democracy
10
Cuba has a type of government in which one ruler has all power. Two words for this are:
autocracy
democracy
dictatorship
parliament
11
The leader of the Parliament is selected by the legislature. This is
parliamentary
dictator
presidental
monarchy
12
The United States placed an economic ___________ on Cuba, which blocked the island’s sugar exports to American markets.
quota
tariff
attack
embargo
13
Countries with high literacy rates usually have
high unemployment rates.
high poverty rates.
high standards of living.
low standards of living.
14
In Cuba's government the ruler has absolute power and is not restricted by the law. Name the type of government.
Presidential democracy
Dictatorship
Federal-Republican
Parliamentary democracy
15
The higher the literacy rate a country has,
the higher the unemployment rate.
the lower the standard of living.
the higher the GDP.
the lower the GDP.
16
Because Venezuela produces large amounts of oil and focuses on that export for most of their $,
they limit the amount of oil they export.
they put high tariffs on oil.
they are specializing in that export.
they discourage oil trade.
17
On January 1, 1959 _____________ seized power and declared Cuba a communist state.
Emiliano Zapata
Fidel Castro
Jose’ Marti
Che’ Guevara
18
Cuba allowed the U.S.S.R. to build a missile launching complex on Cuba in 1962, sparking a 13 day standoff known as-
Cuban Missile Crisis
Cold War
Cuban War
Berlin Airlift
19
How do market economies answer the 3 basic economic questions?
What is an exonomic querstyon?
What should we make? Who will eat it? How can we make more?
How do we make money? What kind of money? Who likes money?
What should we make? How will we make it? Who will buy it?
20
A lasting impact of the Cuban Revolution has been
More leaders chosen by the people
More economic choices for the people.
Less political freedom for Cubans.
Less need for trade with other countries
21
Emma uses her money and time to start a business selling purses. Emma is
not paying taxes.
a factory worker.
an entrepreneur.
not taking any risks.
22
The leader of Cuba before the successful 1959 Cuban revolution was
Che’ Guevara
Jose’ Marti
Emiliano Zapata
Fugencio Batista
23
Which statement is true about human capital?
Investment in education and healthcare lowers the GDP.
Investment in education and technology grows the economy.
Investment in education and technology lowers the GDP.
Investment in healthcare limits economic growth.
24
If Costa Rica charges a 55% tax on sugar imported from Cuba, that is called
an embargo
a profit
a quota
a tariff
25
Exchanging currency between countries helps them
trade with other countries
increase trade barriers
solve environmental issues
produce more crops
26
All citizens participate equally in which type of government?
democracy
autocracy
monarchy
theocracy
27
As the leader of your political party, you were chosen the head of government by your co-workers in the legislature-
autocratic
oligarchic
presidential
parliamentary
28
What is a basic way citizens of a democratic nation can influence the government?
voting
consuming goods
working
obeying laws
29
Which agreement officially eliminated trade barriers between countries in North America?
USMCA
OSHA
NELLIE
NATO
30
In Brazil, citizens vote for the chief executive and the legislature. This means that Brazil's government is:
monarchy
dictatorship
parliamentary democracy
presidential democracy
31
Remote tribes in the Amazon that hunt and farm the way their ancestors did have
traditional economies
market economies
modern economies
command economies
32
Which type of government would most likely abolish all opposing political parties, the direct election of leaders?
representative democracy
constitutional monarchy
autocratic
republic
33
Which countries are listed
from most command
to most market in
left to right order
?
Cuba, Canada, Brazil
Brazil, Cuba, Canada
Cuba, Brazil, Canada
Canada, Brazil, Cuba
