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CMS6-Unit 3 Test Rev
CMS6-Unit 3 -Environmental & Econmic Forces in EuropeTest Review
Question | Answer |
---|---|
Acid Rain is a major environmental concern in which country in Europe? | Germany |
Air pollution is a major environmental concern in which country in Europe? | the United Kingdom |
After 1986, Chernobyl, Ukraine, was abandoned. What caused the people to abandon this city? | The nuclear power plant exploded and radiation levels were unsafe. |
A market economy is very different from a command economy. What feature is found in a market economy? | competition |
In a traditional economic system people usually exchange goods or services rather than use money. What is an example of this exchange process? | bartering with a seller |
You are a small business owner who sells computer gaming consoles. You sell this product to teenagers and young adults. You decided to sell consoles because they are easy to build, are popular and make a high profit. Which type of economy do you have? | market |
In which economic system are the production and distribution of goods owned by private individuals or corporations? | market |
What best describes a market economy? | A person can start any legal business and charge any price. |
What type of economy is correctly defined by this statement-Companies produce goods of their choice and consumers decide whether to buy the goods? | a market economy |
Which term best describes an economic system in which the people—not the government—own land, factories, and businesses? | a market economy |
What explanation would reflect a country with a mixed economy (i.e., between a pure market and pure command)? | A combination of privately-owned industry and government control. |
The economic system of communist countries is most closely related to which economic system? | command |
What do the economic systems of the United Kingdom, Germany, and Russia have in common? | All are examples of mixed economies that are mostly market economies with some elements of command economies |
The United Kingdom Customs Service has found toxic lead-based paint in toys imported from a Chinese toy-making company. What type of trade barrier would guarantee that no child in the United Kingdom would be exposed to the deadly lead-based paint? | embargo |
Which word has the same meaning as the economic term "tariff"? | Tax |
A country's parliament votes to increase tariffs upon goods from another country. This is an example of | A representative democracy restricting trade. |
Which trade barrier discourages trade by placing a tax on foreign goods? | Tariff |
What is the purpose of a tariff, such as a protective tariff? | To increase the prices of imported goods and protect a country's own industries from foreign competition |
The four factors of production are —natural resources (land), human resources (labor), capital resources (buildings and machinery), and entrepreneurship (organization). A popcorn stand and the popcorn popper are examples of which factor of production? | capital resources |
In a speech, the President says: “My plan will give incentives to companies who provide technology education and training for their employees.” The President’s plan is based on the conclusion that: | An investment in human capital will increase the country’s gross domestic product (GDP) |
In a speech, the President says: “My plan will give incentives to companies who invest in new computers and wireless communications systems.” The President’s plan is based on the conclusion that: | An investment in capital goods will increase the country’s gross domestic product (GDP) |
Choose one of the following questions to answer. Be sure to give a complete answer with examples and details from the unit. Be sure to write in complete sentences. | What are the causes, effects, and solutions for Europe’s major environmental concerns (acid rain in Germany, and air pollution in England)? |
Choose one of the following questions to answer. Be sure to give a complete answer with examples and details from the unit. Be sure to write in complete sentences. | How do the three types of economic systems (traditional, command, and market economies) answer the questions of what, how, and for whom to produce? |
Choose one of the following questions to answer. Be sure to give a complete answer with examples and details from the unit. Be sure to write in complete sentences. | How do trade barriers (tariffs, quotas, and embargoes) hinder voluntary trade from occurring between countries? |
The European Union records all its business in twenty-three languages. · Laws have been written to protect languages spoken by only a few people. · School children in Europe learn more than one language. What do these statements show about Europeans? | Europeans respect the languages of other cultures. |
What are empires? | countries that rule a number of territories |
What is nationalism? | extreme love for one’s country |
Which of the following is an example of imperialism? | competition to gain territory (colonies) in Africa |
Which of the following is an example of militarism? | use of armies and threats of war |
Which of the following is an example of alliances? | defensive agreements made between countries |
Which of the following statements BEST describes the Cold War? | period of time when there was fear of threats especially between Russia and the United States about nuclear weapons |
Newspaper headlines from the London Times in the mid-20th century: Transportation at a standstill! Lock your doors! Crime Spike! Thousands dead! To which event are the headlines referring? | great smog of 1952 |
Which of the following statements BEST explains the quote - “The sun never sets on the British Empire.” ? | The British Empire was so large that at all times of the day the sun was shining on a part of it. |
What is Brexit? | United Kingdom voted to leave the European Union |