Economic Growth in SW Asia
Quiz
•
Social Studies
•
7th Grade
•
Medium
Kelly Kelley
Used 91+ times
FREE Resource
33 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who takes on the financial risk in starting a new business in a market economy?
consumers
government planners
individual business people
combination of government planners and individual investors
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If Israel's literacy rate is high, what can be concluded about their standard of living in Israel?
The standard of living is low in Israel.
The standard of living is high in Israel.
The standard of living is not affected by the literacy rate.
The standard of living will decrease as the GDP increases.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The above quote by Israel’s chairman of Israel Innovation authority suggests that Israel should do which of the following?
Invest more heavily in human capital
Increase spending on capital goods
Try to decrease economic growth
Intensify the annual military budget
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If Mrs. Sherman's family find oil in her back yard, how can she invest in capital goods to help her make money off of her newfound oil?
She can pay for her kids to be trained in the oil refinery industry.
She can sell it to the highest investor at a bank.
She can buy machines that will allow her to take the oil out of the ground and refine it.
She can pay to have it inspected by an agency.
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