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Economic Activity and Financial Literacy Quiz - Big Hair Edition Flashcards | StudBud
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Economic Activity and Financial Literacy Quiz - Big Hair Edition
Economic Activity and Financial Literacy Quiz - Big Hair Edition
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1
Student loans should not exceed
25% of your monthly income
half of your annual income
10% of your monthly income
half of your monthly income
2
Supply and demand economy with little government interference
diversified
command
unregulated
free market
3
China has a free market economy
false
true
4
To invest in many types of industries and securities
domesticate
diversify
industrialize
divide
5
Subsistence farms
never have enough water
mostly just feed a family or a village
are mostly in wealthier countries
are large
6
Worldwide, resources
are equally valuable
are found only on islands
are almost all in the southern hemisphere
are unevenly distributed
7
Earns no interest or dividends and not always safe
stocks
savings account
cash
bonds
8
A varied climate is beneficial
True
False
9
Which is a primary economic activity?
retail
forestry
teaching
medicine
10
An investment that divides up your money into several smaller investments
savings account
mutual fund
stocks
savings bond
11
Which is a tertiary economic activity?
research
fishing
hairdressing
manufacturing
12
All but one of these is connected to measuring national poverty levels.
abundant natural resources
access to education
access to sanitation
availability of electricity
13
What is Japan's most valuable resource?
oil
people
fish
earthquakes
14
What is the MAIN reason 25% of American households are unbanked or underbanked?
not enough money to open and maintain an account
check cashing places are cheaper
their credit scores are too low
they use bitcoin
15
Which of these is one of the 5 single largest importers to the U.S.?
Brazil
Germany
South Korea
France
16
Total value of all annual goods and services
Total annuity
Per capita Gross Domestic Product
Supply and Demand
Gross domestic product
17
The largest percentage of America's economy is based in
government
manufacturing
services
agriculture
18
Tip Credits
guarantee high wages
are good for workers, but not employers
let some businesses pay less than minimum wage
are legal in Nevada
19
Which of these is a requirement for a Millenium Scholarship?
proof of citizenship
2.5 Grade Point Average
4 years of high school math
graduate from a public high school in Nevada
20
Arable land
on mountaintops
can be farmed
mostly in deserts
is at the bottom of oceans
