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Unit 1 test review WGB

Quiz by Amy Aldy

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8 questions
Show answers
  • 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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