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Government & Econ. World Geo Exam Review Flashcards | StudBud
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Government & Econ. World Geo Exam Review
Government & Econ. World Geo Exam Review
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1
Quaternary Economic Activities....
gathering raw materials
high levels of skill/knowledge
sells products/provides services
turn raw materials into a product
2
Cultural boundaries
follow natural features such as rivers or mountains
are always permanent
are formed by written agreements that separate nations
divide two groups of people with a different way of life
3
Primary Economic Activities involve........
the extraction of raw materials from the Earth.
the manufacturing of finished goods.
providing services to people.
none of the above.
4
What are the 3 fundamental economic questions?
What, How, Who
What, Why, Where
Who, What, When
When, Where, Why
5
Natural boundaries
Boundaries that follow geometric patterns
Boundaries that are based on culture traits
Boundaries that follow a feature of the landscape
6
Which type of government is described? - president chosen by the people; constitution guides decision making
Dictatorship
Democracy
Monarchy
Theocracy
7
Geometric boundaries...
are borders that are dictated by physical features
are borders that are usually straight lines
are borders drawn up by geometry teachers
are borders that are dictated by cultural features
8
Tertiary Economic Activities....
provide useful services for people
Those is which people get natural resources from land or sea
Those in which people manufacture products
9
The Rio Grande River is an example of which type of boundary/border?
Cultural
Geometric
Natural
10
Which type of government is described? - ruling family headed by king or queen; power may/may not be shared w/ citizens
Oligarchy
Monarchy
Democracy
Dictatorship
11
Secondary economic activities
Services
Resources directly from the earth
Uses raw materials to make something more valuable
Processing, management, and distribution of info
12
What is a central characteristic of a free market economy?
All wage earners are paid the same
Businesses are driven by the desire for profits
Labor unions are prohibited
The government owns the means of production
13
Which type of government is described? - individual or small group holds complete power; no free elections
Monarchy
Republic
Dictatorship
Oligarchy
14
In a __________________ economy, all economic decisions are made by the government.
Mixed
Command
Traditional
Market
15
Most modern economies are best described as:
Market
Mixed
Traditional
Command
