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Definitions
France
Sweden
European Union
Economic Systems
100
Give examples of three natural resources
What is forests,oil, coal, natural gas
100
Is the dependency ratio in France high or low?
High
100
Name Swedens currency
What is Kroner
100
How many member nations comprise the European Union?
What is 27
100
Under this system, the individual is free to pursue the highest income possible.
What is Capitalism
200
What is a term for "greatest good of greatest number"?
What is utilitarianism
200
What is the current retirement age in France
What is 62
200
In Sweden, production is _____, while distribution is ____
capitalist, socialist
200
When did Greece join the European Union?
1981
200
Under this economic system, there is little reason for workers to care about the quality of the work they do.
What is Socialism
300
HDI ranks nations according to this?
Economic Development
300
Which market failure does Indicative Planning seek to correct?
What is Imperfect information
300
A retiree in Sweden can be expected to make ____% of his working years salary.(Can be =/- 5%)
What is 64%
300
What does the Social Chapter of the Maastricht treaty deal with
Rights of labor
300
In a communist economy, means of production are owned by ________
Everyone, jointly
400
What is the EFTA
What is European Free trade Area
400
While Britain was undergoing privatization in 1980's, which socialist French president nationalized industries?
Francois Mitterand
400
Average female worker in Sweden earns ____% of average male salary.
What is 90%
400
What is the principle of subsidiarity?
Any issue will be handled at the lowest level that can effectively deal with them.
400
Speaking Tools are associated with which economic system?
Slavery
500
Which country is committed to "concertation" as a way of resolving problems
What is France
500
What does French dirigisme mean?
What is active involvement of state in economic life.
500
What is "wage solidarity"
Wage rate for similar jobs should be same across industries.
500
Where is the headquarter of the European Commission of the European Union
Brussels, Belgium
500
__________was characterized by a hierarchical political structure
Feudalism