What are the 4 factors of economic growth?

hum. capital, capital, natural resources, entrepreneurship

Which of these is an example of entrepreneurship?

idea for a new car powered by solar energy

Which of these is an example of capital goods?

new robotic technology in a factory

How do investments in capital goods help workers?

It helps workers to be more productive.

The three basic economic systems are?

traditional, command, and market.

Which of these is an example of human capital?

scientist, factory worker, accountant

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Economics of Southern and Eastern Asia SS7E8c, SS7E9, SS7E10abc

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Answers

1
What are the 4 factors of economic growth?
hum. capital, capital, natural resources, entrepreneurship
human capital, capital, coal, and businessmen
human capital, tools, natural resources, & entrepreneurship
humans, oil, entrepreneurship, and capital
2
The US puts a $2 fee on all silk ties coming in from Thailand. This is:
An Embargo
A Tariff
A Quota
3
Which two countries have the strongest economies in Southern and Eastern Asia?
South Korea and Vietnam
China and Vietnam
Japan and China
India and North Korea
4
Whatis GDP?
C+I+G+(X-M)
gross dusty products
the wealthiest economies in SE Asia
overall health of a country’s peanut economy
5
Which of these is an example of a natural resource?
coal
idea for a new car powered by solar energy
scientist, factory worker, accountant
new robotic technology in a factory
6
Which of these is an example of entrepreneurship?
coal mine
new robotic technology in a factory
scientist, factory worker, accountant
idea for a new car powered by solar energy
7
Why is it important for countries to invest in human capital?
It lowers taxes in a country.
It increases rules in a county.
It leads to a higher GDP.
It leads to a lower GDP.
8
Most countries in the world have a _____________ economy.
Mixed
Traditional
Command
Market
9
Japan limits the amount of Ford SUV's coming into their country to 20,000 a year. This is:
An Embargo
A Quota
A Tariff
10
Which of these is an example of capital goods?
scientist, factory worker, accountant
coal
new robotic technology in a factory
idea for a new car powered by solar energy
11
How do investments in capital goods help workers?
It helps workers to become lazy.
Workers can spend more time talking.
It helps workers to be more productive.
Workers can continue to make goods the same way.
12
The three basic economic systems are?
market, command, and oligarchy.
market, traditional, and monarchy.
traditional, communist, and command
traditional, command, and market.
13
Which of these is an example of human capital?
scientist, factory worker, accountant
new robotic technology in a factory
idea for a new car powered by solar energy
coal mine
14
India refuses to allow its citizens to trade with Pakistan. This is:
A Quota
An Embargo
A Tariff
15
Democratic countries lean toward a _________ system. Communists lean toward a _________ system.
traditional and market
command and market
market and command
command and traditional

Economics of Southern and Eastern Asia SS7E8c, SS7E9, SS7E10abc Flashcards | StudBud