Wealth - Unit Review
.
- 1.Select all the "pros" of globalization
- A.
Inequality between rich and poor
- B.
Cultural blending
- C.
Creating relationships between countries
- D.
Creates jobs
- E.
Increase in profits
- 2.Check all of the multinational Corporations
- A.
McDonalds
- B.
Calvin Klein
- C.
Wal-Mart
- D.
Ford
- 3.Check all that apply to socialism
- A.
Free enterprise
- B.
Classless society
- C.
Individual needs
- D.
Leads to a lack of motivation
- E.
Companies are owned privately
- 4.Check all of the goals of fair trade discussed in class
- A.
Recognize the true cost of labour and production
- B.
Create quality products
- C.
Create products at the lowest cost possible
- D.
Promote social justice and protect children from exploitation
- 5.Check the indicators of a developing country
- A.
Rapid industry growth
- B.
Weak economy
- C.
High % below poverty line
- D.
Loose labour laws
- E.
Modern Health care
- F.
poor health care + education
- G.
High GDP
- H.
Corrupt government
- I.
Cheap exports
- J.
Quality education system
- 6.Check the indicators of an emerging country
- A.
Rapid industry growth
- B.
Weak economy
- C.
High % below poverty line
- D.
Loose labour laws
- E.
Modern Health care
- F.
poor health care + education
- G.
High GDP
- H.
Corrupt government
- I.
Cheap exports
- J.
Quality education system
- 7.Check the indicators of a developed country
- A.
Rapid industry growth
- B.
Weak economy
- C.
High % below poverty line
- D.
Loose labour laws
- E.
Modern Health care
- F.
poor health care + education
- G.
High GDP
- H.
Corrupt government
- I.
Cheap exports
- J.
Quality education system
- 8.HDI stands for
- 9.IMR stands for
- 10.Which best defines the Gini coefficient
- A.
Measures the amount of wealth within a country
- B.
Measures the degree of inequality in the distribution of wealth
- C.
Measures the total amount of rich people within a country
- 11.The closer to 1 the Gini Coefficient is, the more equality there is with the distribution of wealth
- A.
True
- B.
False
- 12.The HDI considered which 3 components?
- A.
Education, income and industry base development
- B.
Healthcare, Income and Population
- C.
Healthcare, Education and Income
- D.
Technology, Healthcare and Income
- 13.The closer to 0 on the HDI, the more developed a country is
- A.
True
- B.
False
Questions: 10 | Attempts: 14909 | Last updated: Mar 22, 2022
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