1. Let’s Play Jeopardy

2. Countries and Continents
Unit Nine Jeopardy
Economic Systems
Countries and Continents
Trade Barriers
Factors Effecting GDP
GDP and Beyond!
100
100
100
100
100
100
200
200
200
200
200
300
300
300
300
300
400
400
400
400
400
500
500
500
500
500

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 Economy
Score board

5. Economic System 200
There 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 300
In what type of economic system do individual choices direct economic choices?
Answer

8. Economic System 300A Market Economy Command Economy
Mixed Economy
Market Economy
Command Economy
Traditional Economy

9. Economic System 400
In what economic system is there a combination of different types of economies and is in Latin America?
Answer

10. Mixed Economy Economic System 400A Market Economy Command Economy
Traditional Economy

11. Economic System 500
In a mixed economy that is mostly a market economy who makes economic decisions?
Answer

12. A. Business Owners B. The Monarch C. Citizens D. Prime Minister
Economic System 500A
A. Business Owners
B. The Monarch
C. Citizens
D. Prime Minister

13. Countries and Continents 100
What type of economic systems are communist countries closest to?
Answer

14. Countries and Continents 100A
A. Mixed Economy B. Market Economy C. Command Economy D. Traditional Economy

15. Countries and Continents 200
In which country you’ve studied, would the many government regulations make it harder to start a business?
Answer

16. Countries and Continents 200A
Canada
Mexico
Brazil
Cuba

17. Countries and Continents 300
In which country you’ve studied, would the fewer government regulations make it easier to start a business?
Answer

18. Countries and Continents 300 A
Venezuela
Canada
Brazil
Cuba

19. Countries and Continents 400
What is the currency used in the majority of the European Union?
Answer

20. Countries and Continents 400A
A. Ruble
B. Dollar
C. Pound
D. Euro

21. Countries and Continents 500
How was economic growth promoted and trading made easier in Mexico?
Answer

22. Countries and Continents 500 A
Having the same constitution as Panama
Switching to a single currency
Signing the NAFTA treaty
Decreasing the literacy rate

23. How many different types of trade barriers are there?
Answer

24. Trade Barriers 100A 4 3 2 1

25. Trade Barriers 200
Mexico does not allow the United States to import oil into Mexico. What type of trade barrier is this?
Answer

26. Trade Barriers 200A
Voluntary Exchange
Embargo
Tariff
Quota

27. Trade Barriers 300
This type of trade barrier involves a limit on goods brought into a country.
Answer

28. Trade Barriers 300A
Quota
Tariff
Embargo
Voluntary Exchange

29. made games. This is an example of what kind of trade barrier?
Trade Barriers 400
A 20% tax on Japanese video games makes them more expensive than Mexican
made games. This is an example of what kind of trade barrier?
Answer

30. Trade Barriers 400A
Quota
Tariff
Embargo
Voluntary Exchange

31. Trade Barriers 500
What is a barrier that countries must deal with when exchanging currency?
Answer

32. Trade Barriers 500A
It costs more to trade because banks charge a fee for currency exchanges.
It is difficult to communicate
People make more money trading currency
Most people will accept American dollars for trade.

33. How can a country invest in human capital/resources?
Factors Effecting GDP 100
How can a country invest in human capital/resources?
Answer

34. Factors Effecting GDP 100A
Roads
Tools
Education
Factories

35. Factors Effecting GDP 200
If 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/ Resources
Invest in Physical capital/ resources
Invest in natural resources
Invest in regulating industry

37. What is an example of investing in physical capital/resources?
Factors Effecting GDP 300
What is an example of investing in physical capital/resources?
Answer

38. Factors Effecting GDP 300A
Going to night school
Constructing a new school building
Keeping old arcade games
Not providing healthcare

39. Factors Effecting GDP 400
To raise the Gross Domestic Product (GDP), countries must invest in what?
Answer

40. Factors Effecting GDP 400 A
A. Quotas
B. Trade Barriers
C. Standard of living
D. Physical and Human capital

41. How do entrepreneurs help increase a countries GDP?
Factors Effecting GDP 500
How do entrepreneurs help increase a countries GDP?
Answer

42. Factors Effecting GDP 500A
A. Work to increase unemployment
B. Create businesses and jobs
C. They write laws to protect business
D. They provide ideas to make businesses fail

43. GDP and Beyond! 100
What 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! 100A
Standard of Living
Literacy Rate
Gross Domestic Product
Human Capital

45. How are natural resources important in Latin America?
GDP and Beyond! 200
How 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! 300
How 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! 400
If 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
Specialization
Voluntary Trade

51. GDP and Beyond! 500
A 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 job
D. Poor education

53. Tiebreaker # 1
1. Why is Brazil closer to a command economy than Canada?

54. Tiebreaker # 2
2. Who and why were they against the NAFTA treaty?

55. Tiebreaker # 3
3. Explain how the literacy rate affects the Gross Domestic Product?

56. Scoreboard
Team 1
Team 2
Team 3
Team 4
Team 5

57. References WebPage Microsoft Clipart www.aaaclipart.com
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