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Turning Point: IR
Study Aid for Industrial Revolution Turning Point Test
| Question | Answer |
|---|---|
| What economic system was most common in the Western Hemisphere before the Industrial Revolution? | traditional |
| What economic system involves families generally taking care of their own needs and wants? | traditional |
| What economic system is still common in Western Hemisphere countries that have limited natural and capital resources? | traditional |
| What economic system has businesses and resources owned by private citizens? | mixed market capitalism |
| What economic system has people who generally work for a business to earn a salary? | mixed market capitalism |
| What economic system do the U.S., Canada, Brazil, and Mexico all use? | mixed market capitalism |
| What economic system has businesses and resources owned by the government? | command |
| What economic system has equal distribution of income among the citizens? | command |
| What economic system does Cuba use? | command |
| What makes a product or service valuable? | high demand and low supply (scarcity) |
| What word is used in economics to describe the rareness of something? | scarcity |
| How did mass production lower the cost of products? | It increased the supply and lowered the costs of production. |
| What form of government do the U.S., Canada, Mexico, and Brazil all have? | representative democracy |
| What form of government do many Latin American countries with limited capital and natural resources have? | dictatorship |
| What form of government uses a command economy? An example is Cuba. | communist |
| What are the three major crops of Latin America from your notes? | coffee, sugarcane, and bananas |
| Why is it a problem to have only agricultural products as your source of income? | It is affected by the weather. |
| What form of music developed in Jamaica? | reggae |
| What form of music began as a way for slaves to secretly communicate? | Calypso |
| What are some of the more unique sports Canada plays (as listed in your notes) | Canadian football, ice hockey (national sport), curling, lacrosse, rodeo |
| What sport is the most popular in the world, played by 208 countries? | soccer |
| What Western Hemisphere country describe their people as a mosaic? | Canada |
| What are the two European cultures that have greatly affected Canadian culture? | French and English |
| Canada is a bilingual country. What are the two official languages? | French and English |
| What is the name of the movement in Canada in which the French Canadian wish to become independent of the rest of Canada? | the Separatist Movement |
| What race are most of the people of Latin America? | Mestizo |
| What was the main effect of the Industrial Revolution as a turning point in the history of the Western Hemisphere? | Countries with resources changed from traditional economies to mixed market capitalism. |
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