2 Countries and Continents Unit Nine JeopardyEconomic SystemsCountries and ContinentsTrade BarriersFactors Effecting GDPGDP and Beyond!100100100100100100200200200200200300300300300300400400400400400500500500500500
3 What type of economic system will not be found in Latin America? See Answer
4 Economic System 100 A Mixed Economy Market Economy Traditional Economy Command EconomyScore board
5 Economic System 200There are three questions each economic system must answer, which is one they do not have to answer?Answer
6 Economic System 200 A How to produce? What to produce? For whom to produce?Why should we produce?
7 Economic System 300In what type of economic system do individual choices direct economic choices?Answer
29 made games. This is an example of what kind of trade barrier? Trade Barriers 400A 20% tax on Japanese video games makes them more expensive than Mexicanmade games. This is an example of what kind of trade barrier?Answer
31 Trade Barriers 500What is a barrier that countries must deal with when exchanging currency?Answer
32 Trade Barriers 500AIt costs more to trade because banks charge a fee for currency exchanges.It is difficult to communicatePeople make more money trading currencyMost people will accept American dollars for trade.
33 How can a country invest in human capital/resources? Factors Effecting GDP 100How can a country invest in human capital/resources?Answer
34 Factors Effecting GDP 100A RoadsToolsEducationFactories
35 Factors Effecting GDP 200If a country has workers who are uneducated, not skilled and unhealthy. What should the country do?Answer
36 Factors Effecting GDP 200A Invest in Human Capital/ ResourcesInvest in Physical capital/ resourcesInvest in natural resourcesInvest in regulating industry
37 What is an example of investing in physical capital/resources? Factors Effecting GDP 300What is an example of investing in physical capital/resources?Answer
38 Factors Effecting GDP 300A Going to night schoolConstructing a new school buildingKeeping old arcade gamesNot providing healthcare
39 Factors Effecting GDP 400To raise the Gross Domestic Product (GDP), countries must invest in what?Answer
40 Factors Effecting GDP 400 A A. QuotasB. Trade BarriersC. Standard of livingD. Physical and Human capital
41 How do entrepreneurs help increase a countries GDP? Factors Effecting GDP 500How do entrepreneurs help increase a countries GDP?Answer
42 Factors Effecting GDP 500A A. Work to increase unemploymentB. Create businesses and jobsC. They write laws to protect businessD. They provide ideas to make businesses fail
43 GDP and Beyond! 100What is the total value of goods and services produced in a country annually, known as?Answer
44 Gross Domestic Product Human Capital GDP and Beyond! 100AStandard of LivingLiteracy RateGross Domestic ProductHuman Capital
45 How are natural resources important in Latin America? GDP and Beyond! 200How are natural resources important in Latin America?Answer
46 GDP and Beyond! 200A They consist mainly of minerals, fruits, and oil. B. Are used wisely because of new environmental policies.C. Always show whether a country will be successful.D. Are one factor that can help determine a nation’s wealth.
47 How does the literacy rate affect a country’s development? GDP and Beyond! 300How does the literacy rate affect a country’s development?Answer
48 GDP and Beyond! 300A A. It doesn’t affect a county’s development. B. Highly developed countries have low literacy rate.C. Low literacy rates boost overall development.D. The higher the literacy rate the more developed a country is.
49 GDP and Beyond! 400If a Latin American country chooses to stop producing blue jeans and produce more tires this is an example of…Answer
50 GDP and Beyond! 400A Entrepreneurship International Trade SpecializationVoluntary Trade
51 GDP and Beyond! 500A literate person in a developed country is likely to have everything except…Answer
52 GDP and Beyond! 500A A. Good healthcare B. Excellent technology C. A high-paying jobD. Poor education
53 Tiebreaker # 11. Why is Brazil closer to a command economy than Canada?
54 Tiebreaker # 22. Who and why were they against the NAFTA treaty?
55 Tiebreaker # 33. Explain how the literacy rate affects the Gross Domestic Product?