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GALAXY Unit 6 Economy Vocab Review

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Created on March 19, 2024

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Unit 6 Test Asia REVIEW

GALAXY

start

By Ms. Rose 🌹

02/10

When a country doesn't have a quality public education system, it will most likely experience a lack of what in that country?

Consumer Choice

Entrepreneurship

Specialization

01/10

What does it mean to have a PURE MARKET ECONOMY?

a lack of government regulations

a high rate of taxation

people rely on subsistence farming

04/10

How do investments in capital goods help a country increase its gross domestic products?

They improve the skills of employees

They lead to lower unemployment rates

They make business more efficient

03/10

When a country has a high literacy rate, they will most likely also have a what?

A higher standard of living

A lower standard of living

Literacy rate doesn't effect anything

05/10

What is usually true about countries that have a low literacy rate?

They have low levels of international trade.

They invest in human capital

They struggle to develop economically

06/10

What is the 7th largest country in the world?

India

Japan

North Korea

07/10

If your country produces a bunch of one product, then you should trade with...

a country that's their BFF

a country that has what your country lacks yet need

a country that has the same exports as them

10/10

One way countries could pressure North Korea into changing its politcal ways would be to put pressure on their economy and leaders by....

Increasing tariffs of their exports

Reducing stuff we buy from them

Placing an EMBARGO on ALL trade with them

01/10

Which is NOT a big contributor, or creator, to greenhouse gas emissions in India

Nuclear Power Plants

Agriculture methane emissions

Burning biomass fuel

09/10

What determines the 3 basic economic questions in a MIXED economy?

Market forces and gov. interest

Traditions from ancestors

Anything the consumer wants

08/10

Which country has really close to a pure COMMAND economy? 3% on the Economic Continuum

India

North Korea

South Korea

01/10

How does the value of the yuan (yen-Chinese currency) affect trade?

China has to control the yuan's value

China discourages trade

China doesn't care about the value of the yen

01/10

How has agriculture and farms ruined the Chang Jiang river's water quality?

The fertilizers used by farmers contaminate the river

Clearing land for farming has caused acid rain

Irrigation has rediced the water level in the river

03/10

How can the Chinese government deal with its pollution of the Chang Jiang also known as the Yangtze river?

Regulate or Control the factory/industrial emissions(pollution)

Limit commercial fishing

Reduce automobile traffic

09/10

Japan is a chain of islands and has little arable land. They need to do what to make that chedda' $

Rely on the ocean for resources

Restrict fishing to protect their food source

Restrict the sale of seafood to other countries

10/10

If you don't make an A after studynig this game...

My hair will turn grey!

My hair will turn black!

My hair will turn RED!

You are a star!

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You are a star!

Made by Ms. Rose 🌹

This was an ECONOMICS review that will help you with Unit 6 .

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