Mock Quiz - Chapter 3 & 4
Global Economic Insights Quiz
Test your knowledge about global economics, legal systems, and political ideologies with this engaging quiz! It covers key concepts from China’s economic shift to various legal frameworks worldwide.
- 10 thought-provoking questions
- Explore economic indicators and their relevance
- Enhance your understanding of political ideologies
Which of the following is a true statement about China
Shifted from communism to capitalism
Is a state capitalism
The people if free to criticize the government
Has a market economy
Type of legal system that is based on tradition and precedents
Civil law
Common law
Theocratic law
Customary law
Legal system based on codes and statutes that judges must follow
Civil law
Common law
Theocratic law
Customary law
Economic freedom is directly related to:
Social injustices
Poor standard of living
Economic growth
Legal system
Market economies are primarily characterized by:
Many companies owned by the government
Cooperation among government, companies and workers
High government participation
Minimal government participation
A manager wants 1,000 pounds in Brasil or in Mexico. To decide what is the best option he is comparing the cost effectiveness. He will use:
Purchase Power Parity
GDP per capita
Gross National Product
Stock market
Which of the following is a dimension analyzed within the PESTLE Analysis
Educational
Technological
Theocratic
Transportation
Check all the economic indicators
GDP
Inflation
Interest rates
Type of law
Civil liberties
Political rights
Exchange rate stability
This ideology defines the way society should fun
Political ideology
Political spectrum
Political risk
Political selection
Most important indicator used to measure the production inside a country, no matter who makes it
Gross National Product GNP
GDP Gross Domestic Product
Purchase Power Parity PPP
Inflation
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