Which of these is an example of human capital?

scientist, factory worker, accountant

Which of these is an example of capital goods?

new robotic technology in a factory

Which of these is an example of entrepreneurship?

idea for a new car powered by solar energy

The three basic economic systems are?

traditional, command, and market.

What are the 4 factors of economic growth?

hum. capital, capital, natural resources, entrepreneurship

How do investments in capital goods help workers?

It helps workers to be more productive.

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Duplicate of Economics of Southern and Eastern Asia SS7E8c, SS7E9, SS7E10abc

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Answers

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

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