Latin America Economics  Quiz

Latin America Economics Quiz

6th Grade

20 Qs

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Latin America Economics  Quiz

Latin America Economics Quiz

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

Amanda Pack

Used 22+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • Ungraded

Class Period

1st Period

4th Period

5th Period

6th Period

2.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Media Image
13. Which country has the MOST economic freedoms, according the Economic Continuum?
A) Cuba, between A and B
B) Soviet Union, at A
C) Brazil, between Mixed (the middle) and C
D) Mexico, between C and D

3.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Media Image
14. Which country has the LEAST economic freedoms?
A) Cuba, between A and B
B) Mexico, between B and Mixed (the middle)
C) Brazil, between B and C
D) Mexico, between C and D

4.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

15. Which statement reflects how Mexico’s economic system answers the economic question of how to produce?

hint: what type of economic system does Mexico have?

A) Businesses decide how to produce all goods.

B) People produce goods based on how their ancestors did.

C) The government decides how to produce all goods and services.

D) Businesses decide how to produce goods, but the government regulates certain industries.

5.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

16. Mexico is considered to have a mixed economy on the economic continuum. What practice could the Mexican government adopt to have an economic system more like Cuba’s?
A) reduce Mexico’s participation in NAFTA
B) reduce the number of tariffs on goods imported to Mexico
C) limit the amount of entrepreneurship allowed in Mexico
D) reduce the number of government owned businesses in Mexico

6.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

17. As a result of the Cuban Revolution, the United States refused to trade with Cuba. What type of trade barrier does this illustrate?

A) blockade

B) embargo

C) quota

D) tariff

7.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Media Image
18. What economic concept is described in the statement?

A) specialization

B) opportunity cost

C) entrepreneurship

D) supply and demand

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