Economic Systems
China has both government control and market activity. What type of economy is this?
What is a mixed economy?
A tax on imported goods is called this.
What is a Tariff?
What does GDP measure?
What is total goods and services a country produced in a year?
The Amritsar Massacre led Gandhi to do what?
What is start civil disobedience?
Why are animals in the Ganges River endangered?
What is due to Pollution?
Which country in Asia has a command economy?
What is North Korea?
Why do countries need currency exchange systems?
What is they use different types of money?
High literacy rates usually lead to what?
What is a higher standard of living?
Gandhi encouraged people to protest British rule by doing this (2 answers).
What are boycotting goods AND refusing taxes?
Which country grows large amounts of rice and has lots of farmland?
India
China
Vietnam
Japan
What is India?
What is the main motivation in a market economy?
What is Profit?
Specialization allows countries to do what?
What is trade for goods they cannot produce?
Why do capital goods (machines, tools) increase GDP?
What is they make production more efficient?
Why did the U.S. help rebuild Japan after WWII?
What is because of the damage caused by atomic bombs?
Two people can share a religion but differ in this.
What is Ethnicity?
In a traditional economy, decisions are mostly based on what?
What are customs and traditions?
Which situation is a tariff: limiting goods, stopping trade, or taxing imports?
What is taxing imports?
Japan has a very high literacy rate. What can we predict about its GDP per capita?
What is they have a high GDP per capita?
What caused the rise of the “Gang of Four” in China?
What is the Cultural Revolution / Mao’s policies?
If two people share a religion, what are they MOST likely to share?
What are common rituals?
Why do market economies often produce goods efficiently?
What are supply and demand interactions?
Why does specialization increase trade between countries?
What is countries focus on what they do best and trade for the rest?
What helped China’s economy grow rapidly after the death of Mao ZeDong? (Multiple answers possible)
What are investment in education AND manufacturing?
Why did the U.S. enter the Korean and Vietnam Wars?
What is to stop the spread of communism?
The Kurds are mostly what type of Muslims?
Sunni or Shia
What is Sunni Muslims?