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6th grade Latin America - Economy & Government Flashcards | StudBud
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6th grade Latin America - Economy & Government
6th grade Latin America - Economy & Government
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Answers
1
Which type of government has the most citizen participation?
Dictatorship
Democracy
Communist
Autocracy
2
Mexico and Brazil have this kind of government and economy.
communist and command
parliamentary democracy and market
presidential democracy and command
presidential democracy and mixed
3
Which could cause a country to have a low GDP?
Increased investment in human capital
Low literacy rates
Increasing international trade
Large amount of natural resources
4
Which is an example of investing in human capital?
Building roads
Building factories
Buying machinery
Funding education
5
If citizens are all required to vote in an election, the country is automatically a democracy.
True
False
6
What is NAFTA?
A trade embargo
An example of entreprenuership
A trade agreement
A trade barrier
7
Factories, machines, equipment, computers, etc. are examples of what?
GDP
human capital
capital goods
Trade
8
Changing American dollars to Mexican pesos in order for trading to occur is an example of this.
global economy
exchange rate
currency
currency exchange
9
Which South American country is a presidential democracy?
Brazil
Mexico
Cuba
Canada
10
NAFTA has been renegotiated and is now the USMCA. This stands for
United States Mexico Canada Agreement
United States Mexico Canada Argument
United States Maine Canada Agreement
United States Mexico Cuba Agreement
11
NAFTA involved Canada, the U.S., and which Latin America country?
Haiti
Mexico
Cuba
Brazil
12
A rainforest is an example...
Capital goods
Entrepreneurship
Human capital
Natural resources
13
Which country is Communist?
Brazil
Cuba
Haiti
Mexico
14
Placing a limit on the number of products imported is called ___?
Demand
Embargos
Tariffs
Quotas
15
What type of economic system do most countries have?
Market
Mixed
Traditional
Command
16
Which term means "producing goods a country makes easily and trading for other goods"?
Specialization
Supply and demand
Scarcity
Profit
17
Someone who starts their own business to provide a good or service is called?
Entrepreneur
Factory worker
Consumer
Specialist
18
Communist countries like Cuba lean toward which type of economic system?
Traditional
Mixed
Command
Market
19
Who has control in a mixed economic system?
Businesses only
Government & Businesses
Government only
Consumers only
20
The Panama Canal helps trade by creating access to which two bodies of water?
Gulf of Mexico and Caribbean Sea
Southern Ocean and Caribbean Sea
Atlantic and Arctic Oceans
Atlantic and Pacific Oceans
21
Which trade barrier involves increasing prices through taxing imports?
Tariffs
Quotas
Embargos
Supply
22
In a presidential democracy, citizens directly elect the...
Prime minister
King/Queen
dictator
President
23
Which type of government has the least citizen participation?
constitutional monarchy
Autocracy
presidential democracy
parliamentary democracy
24
Which is NOT one of the 3 economics questions asked when determining economic systems?
What to produce?
How to Produce?
For Whom to Produce
When to Produce?
25
Providing extra training to help an employee improve is an example of...
Investing in capital goods
Investing in human capital
Using natural resources
Encouraging entreprenuership
26
The U.S. does not trade with Cuba because it's a communist country. This is an example of...
Embargo
Supply & Demand
Tariff
Quota
27
American farmers, automobile industry and Mexican workers should see improvements due to this document.
NAFTA
USMCA
Panama Canal
new country constitutions
28
Why do most countries have a mixed economic system?
To allow businesses to have full control of the market.
Government control helps businesses the most
To protect consumers and support businesses
Consumers want governments to control businesses
29
The higher the literacy rate, ...
the higher the standard of living.
the lower the standard of living.
30
If a country doesn't invest in human capital, what would most likely happen to the GDP?
It would increase and decrease.
It would decrease
It would not change
It would increase