A plan to improve the economy providing education and training for employees would be

An Investment in Human Capital will increase GDP

How is power distributed in a country with a unitary government?

Central government makes all laws and the states do not

Natural resources are important to a country's economy because:

businesses cut costs using materials found in their country

What is the effect of oil-related pollution in Venezuela?

The water and coast of Venezuela has been polluted

Which of the following best describes a country with a market economy?

A person can start any legal business and change any price

How does specialization make trade possible between countries?

Making a quality product faster and cheaper

How does literacy rate usually affect standard of living in a country?

Lower the literacy rate, lower the standard of living

In order for international trade to be successful, what is something all countries need to do?

Have a system in place for exchanging currencies.

What is Brazil's main environmental issue?

Deforestation of the Amazon Rainforest

What is the purpose of the North American Free Trade Agreement (NAFTA)?

Increase trade by doing away with tariffs

What does it mean when a country has a mixed economy that lies between pure market & command?

Most have a blend of market and command

Improving the economy by investing in new computers & wireless communications systems would be

An Investment in capital goods will increase the GDP

What role does the entrepreneur play in economics?

Create businesses & bring the factors of production together

In what ways are the basic types of economic systems of Canada, Cuba and Brazil different?

Brazil & Canada are mixed market & Cuba has mixed command

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6th Grade-Unit 9 Test

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Questions 22

Answers

1
Chosen because of royalty, wealth; small political powers; citizens have a limited role;
Democracy
Command
Autocracy
Oligarchy
2
Which country is not a part of NAFTA?
United States
Canada
Cuba
Mexico
3
A plan to improve the economy providing education and training for employees would be
An Investment in capital goods will increase the GDP
An investment in entrepreneurs
An investment in natural resources will help the economy.
An Investment in Human Capital will increase GDP
4
How is power distributed in a country with a unitary government?
There is shared power
Smaller units such as provinces make the laws
Central government makes all laws and the states do not
Small group of people make the laws
5
Natural resources are important to a country's economy because:
They alone determine a country's GDP
Economies without natural resources are doomed to fail
They allow for a wide variety of exports
businesses cut costs using materials found in their country
6
What is the effect of oil-related pollution in Venezuela?
Cooler air becomes trapped in the layers of the atmosphere
The government banned oil drilling
The water and coast of Venezuela has been polluted
More countries are looking elsewhere to buy oil
7
What is Venezuela's main environmental concern?
Deforestation of the Amazon Rainforest
Air Pollution
Oil Related Pollution
Nuclear Disaster
8
Which of the following best describes a country with a market economy?
Things are done based on customs and traditions
The government
A person can start any legal business and change any price
The government provides food and housing to all workers.
9
How does specialization make trade possible between countries?
Making a quality product faster and cheaper
Trading with the same type of economic system
Countries that are friends will always trade
Making a wide variety of items to increase trade
10
How does literacy rate usually affect standard of living in a country?
lower the literacy rate, the higher the standard of living
higher the literacy rate the lower the standard of living
Literacy rate does not affect the standard of living
Lower the literacy rate, lower the standard of living
11
Which country's citizens have the least personal freedom?
Brazil
Cuba
Canada
Mexico
12
A leading cause of deforestation in the Amazon Rainforest is
Air Pollution
Mining
Cattle Ranching
Tribal Conflicts
13
When trade is banned this is called a(n)
Voluntary Exchange
Embargo
Tariff
Quota
14
In order for international trade to be successful, what is something all countries need to do?
Hike up prices so that countries will make money.
Have translators available for all buyers and sellers.
Have items available that countries will want to buy
Have a system in place for exchanging currencies.
15
What is Brazil's main environmental issue?
Nuclear Disaster
Oil Related Pollution
Deforestation of the Amazon Rainforest
Air Pollution
16
What is the purpose of the North American Free Trade Agreement (NAFTA)?
Increase trade by doing away with tariffs
Keep countries from trading with Europe or Asia
Help the countries produce everything they need
Allow countries to get needed goods without having to pay
17
What does it mean when a country has a mixed economy that lies between pure market & command?
Traditional economies doing things the way they always have
Most have a pure command or pure market economy
Stores that continue to sell goods only to the government
Most have a blend of market and command
18
When a limit is put on an product imported from other countries it is called a(n)
Quota
Embargo
Tariff
Voluntary Exchange
19
Improving the economy by investing in new computers & wireless communications systems would be
An embargo on technology will help the country
An Investment in capital goods will increase the GDP
Adjusting the exchange rate will increase the profit
An Investment in Human Capital will increase GDP
20
What is Mexico's biggest environmental problem?
Deforestation of the Amazon Rainforest
Oil Related Pollution
Nuclear Disaster
Air Pollution
21
What role does the entrepreneur play in economics?
They are responsible for hiring and managing employees.
They train employees to have various skills.
Create businesses & bring the factors of production together
They build the machines and technology needed for businesses
22
In what ways are the basic types of economic systems of Canada, Cuba and Brazil different?
Canada & Cuba are traditional & Brazil is mixed market
Brazil & Canada are mixed market & Cuba has mixed command
Brazil & Cuba are command economies & Canada is traditional
Cuba and Brazil are mixed command & Canada is mixed market

6th Grade-Unit 9 Test Flashcards | StudBud