MAEE 123 Lesson 4&6 Review Quiz

Which economic model is described in the overview of Philippine economic systems?

• Socialist model

• Traditional economic model

• Mixed economic model

• Capitalist model

What is the primary focus of financial literacy in teaching economic education?

• Understanding cultural diversity

• Personal financial management

• Historical influences

• Economic empowerment

What is one of the core objectives of economics education?

• Promote cultural preservation

• Develop economic literacy

• Encourage social justice

• Foster global citizenship

Which of the following is a challenge in economic development in the Philippines?

• Income inequality

• Cultural diversity

• Cultural exchange programs

• Globalization

What is a key strategy for developing cultural competence skills?

• Communication across cultures

• Budgeting skills

• Supply and demand

• Economic empowerment

What is the significance of understanding multicultural identities?

• It develops critical social awareness

• It encourages financial education

• It helps in recognizing cultural biases

• It promotes economic empowerment

What is one of the roles of government in the mixed economic model?

• Regulating economic activities

• Encouraging poverty

• Promoting cultural stereotypes

• Limiting private sector participation

How does the text suggest economics shapes cultural experiences?

• Through historical influences

• By promoting cultural preservation

• Through digital cultural exchanges

• By influencing economic behavior

What is the goal of promoting inclusive learning environments?

• To focus solely on financial education

• To limit cultural diversity

• To enhance economic decision-making

• To respect different cultural perspectives

What model describes the process of instructional design involving analysis, design, development, implementation, and evaluation?

• Bloom's Taxonomy
  

• ADDIE Model

• TPACK Model

• SAMR Model