THE CYCLES OF THE BOLIVIAN ECONOMY

The downward and upward movement of gross domestic product around its long-term growth trend is known as ....

• GDP

• Recession

• Economic cycle

• Growth

A country's ....... is the total value of all the goods and services it produced over a specific length of time.

• economy

• cycle

• GDP

• growth

The first three economic cycles in the Bolivian economy were:

• Silver, tin and guano.

• Guano, quinine and rubber.

• Oil and gas, guano and quinine

Patiño, Hochschild and Aramayo were known as ......

• Silver Barons

• Gold Barons

• Quinine Barons

• Guano Barons

• None of the above

During the Tin cycle, the Bolivian state only received the ..... of the profits.

• 3%

• 13%

• 30%

• 100%

Main use of the guano.

• To treat malaria.

• To cook.

• Fertilizer

Brazil seizes the Bolivian Litoral through the War of the Pacific in 1879.

• True

• False

............. most powerful businessman, installed the capital of his rubber business in Cachuela Esperanza.

• Simón I. Patiño

• Nicolás Suarez

....... is the accumulated excrement of seabirds and bats.

• Quinine

• Rubber

• Guano

• Silver

The ........ is a medicinal plant, which is an anti-fever agent. It is especially useful in the prevention and treatment of malaria.

• Oil

• Natural gas

• Rubber

• Guano

• Quinine