Environmental Issues and Economics in Latin America TEST REVIEW

1
Environmental Issues and Economics in Latin
America TEST REVIEW

• Fire up your clickers!

2
Where are most of Venezuelas oil reserves
located?

1. In and around the Amazon Basin
2. In and around Lake Maracaibo
3. In and around the Andes Mountains
4. In and around the Atacama Desert

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3
In what type of economic system does the
government make the decisions about what to make,
how to make it, and who to make it for?

1. command
2. mixed
3. market
4. tradition

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4
How does a countrys literacy rate affect the
peoples standard of living?

1. A country with a low literacy rate would have a
   high standard of living
2. A country with a high literacy rate would have a
   high standard of living
3. A country with a high literacy rate would have a
   low standard of living
4. Literacy rate does not affect standard of living

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5
If a country has a combination of privately owned
companies and some government control on the
economy, what type of economic system does it
have?

1. command
2. tradition
3. market
4. mixed

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Mixed Economy
Pure Free Market
Pure Command
6
What interest group is most responsible for
deforestation in the Brazilian Rainforest?

1. Native Amazonians
2. Rubber Tappers
3. Cattle Ranchers
4. Settlers

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Hint Who needs the most land and the trees cut
down for what they do?
7
Which is an investment in a companys capital
resources?

1. Educating students
2. Teaching people to dance
3. Mining gold
4. Building a new factory

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8
If a country has few natural resources, how will
they get the resources they need to have a
successful economy?

1. Trade with other countries by importing the
   resources they dont have
2. Trade with other countries by exporting the
   resources they dont have

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9
Josephine has the idea to open a lemonade stand
that features her familys famous lemonade
recipe. What factor of production is this an
example of?

1. Entrepreneurship
2. Human resources
3. Natural resources
4. Capital resources

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10
How does the geography of Mexico City affect the
air quality of the city?

1. Lake Texcoco is polluted
2. The Mexican Plateau is a sinkhole
3. The Amazon River flows through the city and
   overflows periodically
4. The Sierra Madre Mountains trap the pollution in
   the city

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11
In order for Venezuela to buy coffee from Brazil,
what must they do first?

1. Exchange currency
2. Exchange trade barriers
3. Exchange factors of production
4. Exchange economic systems

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12
What is the name of the organization that removed
trade barriers on most goods and services
produced in North America

1. North Atlantic Treaty Organization (NATO)
2. North America Free Trade Agreement (NAFTA)
3. Federal Deposit Insurance Corporation (FDIC)
4. Latin America and the Caribbean Free Trade
   Organization (LACFTO)

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• Trivia Did you know that this week (Dec. 8,
  1993) was this organizations birthday?

13
What is Venezuelas major environmental concern?

1. Deforestation
2. Flooding
3. Oil-related pollution
4. Air pollution

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14
Mexico, Brazil, Venezuela have pollution
concerns yet their governments continue to allow
businesses to pollute. Why dont they put a stop
to it?

1. Each countrys economy relies on these businesses
   for jobs and economic success.
2. Each countrys government does not care about the
   environment.

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15
Which problem is associated with deforestation?

1. Extinction of plants and animals
2. Too many cars and factories
3. Ships dump waste in the Caribbean
4. More oxygen is added to the air we breathe

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16
If the price of cattle goes up, what might happen
in the Amazon Rainforest

1. Ranchers will deforest more land
2. Ranchers will leave the rainforest
3. Ranchers will work with the settlers
4. Ranchers will hire more Native Amazonians

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17
Which area of Brazil do most people choose to
live due to its fertile soil for coffee, mild
temperatures, and access to ports for trade?

1. The interior region
2. The southeast region
3. The northeast region
4. The Amazon region

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18
What is the term for all the goods and services
produced in a country in one year. It is also an
indicator of a countrys economic wealth.

1. Factors of Production
2. Infant Mortality Rate
3. Literacy Rate
4. Gross Domestic Product

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19
Why do countries encourage businesses to invest
in the four factors of production?

1. Businesses that invest in the factors of
   production will likely improve the literacy rate
   of a country
2. Businesses that invest in the factors of
   production will likely be more successful and
   will increase a countrys GDP and standard of
   living

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20
What does poverty line mean?

1. Families that live below the poverty line cannot
   afford basic needs
2. Families that live below the poverty line are
   increasing their wealth

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21
What does literacy rate mean?

1. The number of people who like to read fiction
2. The number of people who know how to read and
   write
3. The number of people who do not have jobs
4. The number of people who live in poverty

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