Latin America

1
Latin America

• Review Game

2
How does specialization encourage trade between
two countries?

• A. Specialization produces such an abundance of
  one product that the country is forced to trade
  it.
• B. Specialization allows for countries to master
  one product and sell it to other countries that
  may need it.
• C. Specialization creates a diversity of products
  in one country and very few products in others.
• D. Specialization utilizes different natural
  resources that are shared between multiple
  countries.

3
Answer

• B. Specialization allows for countries to master
  one product and sell it to other countries that
  may need it.

4
Why would one country place an embargo on
another?

• A. Political differences
• B. Lack of natural resources
• C. Lack of transportation
• D. Distance

5
Answer

• Political Differences

6
Under which economic system does the government
make almost all of the economic decisions such as
what, how and for whom to produce?

• A. Command
• B Market
• C. Traditional
• D. Capitalist

7
Answer

• A. Command

8
The primary difference between presidential and
parliamentary governmental systems is that in a
parliamentary system the chief executive is
chosen by the

• A. Courts
• B. President
• C. People
• D. Legislature

9
Answer

• D. Legislature

10
Embargos are different than tariffs and quotas
mainly because they

• A. Complete eliminate trade between countries
• B. Are used before any other trade barrier is
  tried
• C. Increase taxes on imports rather than exports
• D. are only used by Asian countries

11
Answer

• A. Completely eliminate trade between countries

12
A leading cause of deforestation in the Amazon
rainforest is

• A. Mining
• B. Air pollution
• C. Cattle pollution
• D. Tribal conflicts

13
Answer

• C. Cattle Pollution

14
Which is a major environmental concern facing
Mexico City?

• A. Destruction of the rainforest
• B. Oil related pollution
• C. Extraction of natural resources
• D. Air pollution

15
Answer

• D. Air Pollution

16
How does the federal-republican system of Brazil
compare to the dicatorship of Cuba?

• A. Brazils leader is elected by a parliament and
  Cuba holds NO elections at all.
• B. Cuba has no executive branch and Brazil has a
  very strong executive branch
• C. Brazils leaders are generally elected by a
  pure popular vote while Cubas people have NO
  REAL VOTING POWER
• D. Brazils legislature holds far less power than
  Cubas legislature

17
Answer

• C. Brazils leaders are generally elected by a
  pure popular vote while Cubas people have NO
  REAL VOTING POWER

18
What are the 3 basic economic questions that all
economic systems must answer?

• A. What to produce, how to produce it, and for
  whom to produce the goods
• B. When to produce, why to produce, and how long
  to produce
• C. To what extent to produce, how much to produce
  and why to produce
• D. What to produce, why to produce and how much
  to produce

19
Answer

• A. What to produce, how to produce it, and for
  whom to produce the goods

20
Use the following to answer question 20

• _A_____________________________B__
• Pure Command Pure Market
• _C_________________________________________D__
• Pure Command Pure Traditional
• A. At point A
• B. At point B
• C. Between points A and B
• D. Between points C and D

21
Answer

• C. Between points A and B

22
Which describes entrepreneurship?

• A. The physical talents of people to build things
• B. Putting together productive resources to
  produce a good or service
• C. Machines, tools, and devices used for
  production
• D. The ability to harvest and use natural
  resources

23
Answer

• B. Putting together productive resources to
  produce a good or service

24
A leading cause of deforestation in the Amazon
rainforest is

• A. Mining
• B. Air pollution
• C. Cattle pollution
• D. Tribal conflicts

25
Answer

• C. Cattle pollution

26
Which of the following explanations would reflect
a country with a mixed economy?

• A. Prices and wages are solely regulated by a
  countrys government
• B. A combination of privately-owned industry and
  government control
• C. A countrys distribution of resources is based
  on inheritance
• D. Prices and wages are determined by the laws of
  supply and demand rather than being regulated by
  a countrys government

27
Answer

• B. A combination of privately-owned industry and
  government control.

28
Which trade barrier discourages trade by placing
a tax on foreign goods?

• A. Embargo
• B. Quota
• C. Subsidy
• D. Tariff

29
Since nations in Latin America and Europe use
different currencies, what is necessary for them
to be able to trade?

• A. Computers, because all trade is done
  electronically
• B. Maps, so they can find each other
• C. A system of determining how much goods are
  worth in each nations currency
• D. U.S. Dollars, that way everything will be
  calculated the same way

30
Answer

• C. A system of determining how much goods are
  worth in each nations currency

31
Which describes how most countries around the
world answer basic economic questions?

• A. A mixture of command and market economies.
• B. Most countries are pure market economies.
• C. Most countries are pure command economies.
• D. A mixture of traditional and market economies.

32
Answer

• A. A mixture of command market economies.

33
Which is most likely to be a consequence of oil
pollution in Venezuela?

• A. GDP in South America increases
• B. Other productive resources are put in danger
• C. Venezuela stops selling oil to the world
• D. More people move to Venezuela to correct the
  problem

34
Answer

• B. Other productive resources are put in danger

35
Which Mexican group is known for using modern
technology and guerilla tactics to promote their
opposition to the current government?

• A. Zapatistas
• B. FARC
• C. Aztecs
• D. Aborigines

36
Answer

• A. Zapatistas

37
In which form of government does the central
government hold the most power?

• A. Confederation
• B. Federal
• C. Democracy
• D. Unitary

38
Answer

• D. Unitary

39
Which describes a long term impact of the Cuban
Revolution?

• A. Cuba no longer relied on agriculture as an
  important piece of the economy
• B. The citizens had more freedom to make economic
  decisions
• C. Trade with the United States greatly expanded
• D. The new government took control of most of the
  countries resources

40
Answer

• D. The new government took control of most of the
  countries resources

41
One outcome of the techniques used by the
Zapatistas in Mexico has been

• A. Increased support from the Mexican government
• B. Decreased support from Mexican citizens
• C. Increased support of the Zapatistas in poor
  areas of Mexico
• D. Decreased recognition around the world

42
Answer

• C. Increased support of the Zapatistas in poor
  areas of Mexico

43
Which describes a long term impact of the Cuban
revolution?

• A. The Revolution expanded into Europe
• B. Citizens in Cuba had more freedoms and rights
• C. It led to increased conflict with the United
  States
• D. More countries in the region formed similar
  types of governments

44
Answer

• C. It increased conflict with the United States

45
NAFTA is an example of which pattern of behavior
among or between countries?

• A. Imposing trade tariffs
• B. Settling disputes
• C. Forming trade agreements
• D. Establishing trade quotas

46
Answer

• C. Forming trade agreements

47
In which form of government is power controlled
by a select few individuals rather than the
citizens

• A. Autocracy
• B. Oligarchy
• C. Monarchy
• D. Democracy

48
Answer

• B. Oligarchy

49
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
facts of economic growth in Haiti?

• A. Haitis low investment in human capital lowers
  the GDP per capita
• B. Haiti has greater opportunity for other
  capital investments than education
• C. Haitis GDP per capita would decrease if there
  was more investment in human capital
• D. Haitis high investment in human capital
  lowers the GDP per capita

50
Answer

• A. Haitis lower investment in human capital
  lowers the GDP per capita

51
Biodiversity refers to

• A. The loss of animals and plants
• B. A variety or many different kinds of living
  things
• C. When animals lose their living space or
  habitat
• D. An increase in earths temperature

52
Answer

• B. A variety, or many different kinds of living
  things

53
Which describes a government that distributes
power under a unitary system?

• A. There is a central authority that makes all
  major decisions
• B. The citizens of the country elect leaders at
  multiple levels that make decisions
• C. A group of separate countries or regions agree
  to join together for specific purposes
• D. Two or more countries form an alliance to make
  decisions

54
Answer

• A. There is a central authority that makes all
  major decisions

55
Which compares to an autocratic to a democratic
government

• A. Citizens can participate more in a democratic
  governments
• B. The government has less power in autocratic
  governments
• C. Citizens can participate more in autocratic
  governments
• D. Autocratic and democratic governments are the
  same

56
Answer

• A. Citizens can participate more in democratic
  governments

57
Jose is an auto mechanic in a near by 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

• A. Trade surplus
• B. Entrepreneur
• C. Gross Domestic Product
• D. Opportunity Costs

58
Answer

• B. Entrepreneur

59
Brazil is building new factories and using newer
technology. These are examples of

• A. Opportunity costs
• B. Gross Domestic Product
• C. Investment in human capital
• D. Investment in capital goods

60
Answer

• D. Investment in capital goods

61
The government in country X has multiple levels
and each level is in charge of certain
responsibilities. Power is spread out somewhat
evenly through the levels. Based on this
information, the government in country X is MOST
LIKELY

• A. Confederal
• B. Unitary
• C. Federal
• D. Anti-Federal

62
Answer

• C. Federal