Unit 1 test review WGB

Quiz by Amy Aldy

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Q 1/8
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In a traditional economic system people are most likely to participate in
29

The barter system
commercial agriculture
trade with the gold standard
the stock market

8 questions

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Q1
In a traditional economic system people are most likely to participate in
The barter system
commercial agriculture
trade with the gold standard
the stock market
60s
Q2
An economic system where the government or a group of government plans make all economic decisions would be classified as what type of system?
Manorial
Mixed
Market
Command
60s
Q3
As a country becomes more developed, they see a decrease in _____ sector jobs.
Quaternary
Secondary
Primary
Tertiary
60s
Q4
The middle East and North Africa have a shortage of which natural resource?
Wind
Water
Gas
Oil
60s
Q5
OPEC is the Organization of Petroleum Exporting Countries. The main actors in OPEC are Iraq, Saudi Arabia, United Arab Emirates, Iran, Venezuela, and Libya. Based on this information one might assume...
The middle east and Latin America have large reserves of oil and they are able to set prices around the world.
Events that occur in the middle east do not impact world oil prices.
Only Middle Eastern Countries have oil .
No Latin American countries have oil.
60s
Q6
Which of the following countries has a communist system
North Korea
Sweden
Saudi Arabia
The United States
60s
Q7
Indigenous groups such as the Inuits in North Canada, the Aborigines in Australia, and the Mbuti and Zaire are more likely to have which type of economic system within their tribes?
Command
Mixed
Market
Traditional
60s
Q8
Secondary jobs include jobs such as....
Data Scientists, or those who have extremely skilled or educated jobs.
Waitresses, or service sector jobs
Manufacturing or turning Natural resources in to other products
Farmers, or people who are working to extract natural resources from the earth.
60s

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