Question 1

What does a high literacy rate and high standard of living lead to?

Accepted Answer

Higher GDP

Answer

Lower GDP

Answer

A autocratic government

Question 2

What is human capital?

Accepted Answer

People who perform labor

Answer

Natural resources

Answer

Items people use to do their job

Answer

Entrepreneurs

Question 3

What does GDP stand for

Accepted Answer

Gross Domestic Product

Answer

Good Dope Pears

Answer

Very awesome raw sugar

Question 4

What are capital goods?

Accepted Answer

Items that people need to preform their jobs

Answer

People who preform labor

Answer

Resources that came from nature

Answer

People that have new ideas

Question 5

What are natural resources?

Accepted Answer

Resources that come from nature

Answer

People that preform labor

Answer

Items people need to perform their jobs

Question 6

What are entrepreneurs?

Accepted Answer

People with new ideas that are willing to take risks to start a business or make a product

Answer

People with old ideas that are not willing to take risks to start a business or make a product

Question 7

What does NAFTA stand for?

Accepted Answer

North America Free Trade Agreement

Answer

Northern Americans from telephone age

Answer

Not All Free Trade Agreement

Question 8

Who has a command economic system?

Accepted Answer

Cuba

Answer

Brazil

Answer

Mexico

Question 9

Who has a Mixed economic system

Accepted Answer

US

Answer

Cuba

Answer

North Korea

Question 10

What is an Embargo?

Accepted Answer

Forbidding trade

Answer

Putting a tax on trades

Answer

Limits on trade

Question 11

What is a Tariff?

Accepted Answer

A tax on goods

Answer

Forbidding trade

Answer

Restrictions on trade

Question 12

What is a Quota?

Accepted Answer

Restrictions/limits on goods imported

Answer

Taxes on imported goods

Answer

Forbids Trade

Related quizzes

Related quizzes