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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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