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Unit 5 Study Guide
Unit 5 Study Guide
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Latin American government and economic terms.
Flashcards
21 cards
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Practice quiz
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Questions
21
Answers
1
Autocratic government would have the LEAST amount of citizen participation?
True
False
2
What is the purpose of specialization?
When a country can trade with many countries
to increase the efficiency of production
When a country has a high literacy rate
When a country has fertile land
3
Why do countries trade with each other?
Because they want to
Most countries cannot efficiently produce everything their people need.
Many countries have different currencies
To control their income
4
A country that has aspects of a market economy plus a command economy is called a ___________.
Traditional
Mixed
Command
Market
5
What type of government does Cuba have?
Presidential Democracy
Autocracy
Democratic
Parliamentary Democracy
6
Which country allows citizens to vote but only allows one political party (Communist Party) to run for office?
Mexico
Cuba
Panama
Brazil
7
The citizens elect members of the legislature, then legislature elects the executive leader of the government in ______.
Parliamentary Democracy
Presidential Democracy
Autocracy
8
The four types of economic systems are:
Tariff, Quota, Embargo, Barriers
Autocratic, Democratic, Parliamentary, Presidential
Human Capital, Natural Resources, Capital Goods, Entrepreneurship
Market, Command, Traditional, Mixed
9
Countries with high literacy rates are generally wealthier
False
True
10
Which category would most countries fall into?
Market
Mixed
Command
11
Brazil's economy is closer to which side of the economic continuum?
Command
Market
12
"King" is the title of the chief executive with the most political power in a parliamentary democracy.
True
False
13
What is the purpose of the USMCA?
To bring peace
To improve trade in North America
To slow down trade
To protect foreign producers
14
Which factor of production has Cuba lacked for more than 50 years?
Entrepreneurship
Capital Goods
Natural Resources
Human Capital
15
What is true of citizen participation in the Brazilian government?
Brazilian citizens are required by law to vote.
Brazilians must be 70+ to vote
Brazilians do not vote
Brazilians are not required to vote
16
Democratic government would have the MOST amount of citizen participation.
False
True
17
What is life expectancy?
How hungry a person is
How far away a person lives
How long a person lives
How well a person lives
18
The government has little to no role in the production of goods in this type of economy.
Traditional
Market
Command
19
What are the characteristics of a traditional economic system?
Customs, habits and traditions determine what, how and for whom to produce
Buyers and sellers determine what, how, and for whom to produce
Government decides what, how and for whom to produce
20
What is literacy?
When people make a lot of money
When a person is good at their job
The amount of people living in an area
When a person can read and write
21
In which economic system are entrepreneurs MOST likely to exist?
Command
Traditional
Market
