Economy
The percentage of people who can read and write
What is literacy rate?
A restriction on the amount of goods imported to a country
Quota
Type of Government in South Korea.
Presidential Democracy
Type of Government in Japan
Parliamentary Democracy
Type of Government in China.
Communist State
What type of economy is based on customs and habits?
Traditional
A formal halt to trade with another country
Embargo
Type of Government in N. Korea?
Communist
What does GDP stand for?
Gross Domestic Product
True or false. India is a Parliamentary Democracy?
True
Which of the following countries is closest to a command economy? N. Korea, US, China, Bahamas?
China/N. Korea
Limit the amount of imports from one country to another?
What is a Quota
South Korea is a presidential democracy. How is the leader chosen?
The people directly elect the leader
Age at which citizens in the United States can vote.
18
Which of the following is NOT one of the three economic questions? What? How? Whom? When?
"When" to Produce
Japan’s economy is closest to a?
Market Economy
Materials found on earth that can be used to make goods
Natural Resources
India is a parliamentary democracy, how is their leader chosen?
The people elect the legislature, then the legislature chooses the leader from the majority
Type and Name of the legislative body that has 2 Branches?
Bicameral > Diet
True or False: The lower a country’s literacy rate, the higher its standard of living.
FALSE SUCKAS
If a country has a HIGH amount of entrepreneurs, what would happen to their GDP?
It would go up (be higher)
What country would you want to Live in? North Korea or South Korea? Why?
South Korea. Because they are not ran by a communist leader/Command Gov, and they do not Trade with other countries.
In which type of government is there one person in charge?
autocracy
Japan's major export is fish products. They do this better than many of the surrounding nations. This is an example of...
Specialization
Which of the following is not a Factor of Production? Natural resources. Human capital. Economic continuum Entrepreneurship.
Economic continuum