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GSE Unit 5 Test Rev
GSE Unit 5 Test Review
Question | Answer |
---|---|
On January 1, 1959 _____________ seized power and declared the island a communist state. All American owned property on the island – as well as all Cuban-owned private businesses, factories, and farmland – was declared the property of the state. | Fidel Castro |
U.S.-Cuban relations remained tense for the next 50 years. Only recently have diplomatic relations been normalized. The U.S. eased trade restrictions on Cuba in January 2016. Later, ___________ became the first U.S. president to visit Cuba in 88 years. | Barack Obama |
The leader of Cuba before the successful 1959 Cuban revolution was | Fugencio Batista |
The Cuban government agreed to allow the U.S.S.R. to build a missile launching complex on the island. This was discovered by U.S. intelligence in 1962, sparking a thirteen-day standoff known as the ______________ . | Cuban Missile Crisis |
A lasting impact of the Cuban Revolution has been | Less political freedom for Cubans |
In response to Castro’s repressive takeover, the United States placed an economic ___________ on Cuba, which blocked the island’s sugar exports to American markets. | embargo |
Mexico has a president who is elected by the people. The powers of the central government are restricted and regional authorities retain a degree of self-government.Which of the following terms BEST describes Mexico's form of government today? | Federal Republic |
Cuba is an example of a type of government in which a ruler or small group has absolute power and is not restricted by a constitution or laws? | dictatorship |
Cuba has a type of government in which the ruler has absolute power and is not restricted by a constitution, laws, or the citizens. Name the type of government. | dictatorship |
All citizens participate equally in which type of government? | Democracy |
Which type of government would most likely abolish all opposing political parties, the direct election of leaders, and free speech? | autocratic |
What is a basic way citizens of a democratic nation can influence the government? | voting |
The government of Brazil has a national government and 26 state governments, each with some reserved powers and shared powers. What type of government would Brazil be classified as? | federal |
Cuba does not permit freedom of choice in elections and only the Communist Party is permitted. Cuba has a dictatorship in which power is held by one central authority. What type of government would Cuba be classified as? | unitary |
You are the chief executive in your country’s democratically-elected national government. As the leader of your political party, you were chosen to be the head of government by your co-workers in the legislature. Which form of government do you have? | parliamentary |
Which best describes how a parliamentary democracy differs from a presidential democracy? | The head of the government is a member of the legislature |
The leader of the Parliament in countries such as Australia, Canada, and the United Kingdom is called the | prime minister |
which system of government does the legislature elect the executive leader of the government? | parliamentary democracy |
The economic system of communist countries is most closely related to which of the following? | command |
In which economic system does a single authority decide what is produced? | command |
A market economy is very different from a command economy. Which of the following is found in a market economy? | competition |
In which economic system are the production and distribution of goods owned by private individuals or corporations? | market |
In a traditional economic system people usually exchange goods or services rather than use money. Which of the following is an example of this exchange process? | bartering with a seller |
Which of following best describes a market economy? | A person can start any legal business and charge any price. |
Which term best describes an economic system in which the people—not the government—own land, factories, and businesses? | market |
When a country has a market economy, which of these statements correctly defines this system? | Companies produce goods of their choice and consumers decide whether to buy the goods. |
What 3 economic questions are asked when studying the similarities of a traditional, command and market economy among nations of the world? | What to produce, how to produce, and for whom to produce? |
All modern world economies can be described as ________ economies in that they combine market and command (as well as traditional elements) principles in various ratios to suit their national interests. | mixed |
Which of the following explanations 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. |
Cuba is heavily dependent on agricultural trade and oil subsidies from _______________. | Venezuela |
The economy of Cuba, meanwhile, is decidedly ____________-leaning. Government ownership of most all major industries is a dominant feature of Cuba’s communist dictatorship, although limited private ownership of small farms and businesses is permitted. | command |
Brazil’s economy is slightly more _________-leaning than Mexico’s; however, it should be noted that Brazil has been implementing market-oriented reforms over the last decade. | command |
The economy of Mexico may be described as moderately ________-leaning. Mexico’s government owns the nation’s oil and gas reserves, which is the lifeblood of its energy sector. | market |
Jose is an auto mechanic in a nearby larger town. He has decided his own small town needs its own car repair shop. Jose bought the building and opened his shop. Jose is an example of | Entrepreneur |
Why is entrepreneurship important to a country’s economy? | Invest in capital goods |
A sixth−grade class decides to open a popcorn stand. The stand and the popcorn popper are examples of which factor of production? | capital resources |
Brazil is building new factories and using newer technology. These are examples of | Investment in capital goods |
The literacy rate for the region of Latin America is 90%. In the country of Haiti, the literacy rate is 51%. Which statement best reflects these factors of economic growth in Haiti? | Haiti’s low investment in human capital lowers the GDP per capita. |
What is the purpose of free trade partnerships like the North American Free Trade Agreement (NAFTA) between the United States, Canada, and Mexico? | to increase trade by doing away with tariffs |
The North American Free Trade Agreement (NAFTA) was designed to promote free trade between the United States, | Canada, and Mexico |
How did the agreement of NAFTA affect Mexico? | It eliminated trade barriers with the U.S. and Canada |
NAFTA is an example of which pattern of behavior among or between countries? | Forming trade agreements |
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 |
A country's parliament votes to increase tariffs upon goods from another country. This is an example of | a representative democracy restricting trade |
Which word has the same meaning as the economic term "tariff"? | tax |
Which trade barrier discourages trade by placing a tax on foreign goods? | Tariff |
Constructed Response-Directions: 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 lasting impact did the Cuban Revolution have on Cuba and the region? |
Constructed Response-Directions: 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 trade agreements made between countries in Latin America and the Caribbean (i.e. NAFTA) overcome trade barriers and encourage voluntary trade in the region? |
Constructed Response-Directions: 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 does having or not having the 4 factors of production (natural resources, human capital, capital goods, entrepreneurship) affect the countries of Latin America and the Caribbean? (Cuba and Brazil) |