Chapter 1 Section 3: The United States Today Study Guide

Question 1

What kind of economy does the US have?

Answer 1

The US has a market economy

Question 2

What areas are American companies leaders in?

Answer 2

Entertainment

Question 3

What is the US most most important export?

Answer 3

Farm Products

Question 4

Name three items that the US generally imports?

Answer 4

clothing, cars, oil.

Question 5

List countries we usually import goods from?

Answer 5

China, India and Japan

Question 6

List countries we usually import oil from:

Answer 6

Middle East, Mexico and Canada

Question 7

Who makes most of the buying and selling decisions in the US economy?

Answer 7

People and businesses.

Question 8

List and describe 3 economic regions of the United States.

Answer 8

Great Lakes- Automobile
Midwest- Agriculture
Pacific Northwest- Forestry

Question 9

Define Market Economy:

Answer 9

Where individuals and businesses make the majority of the buying and selling decisions.

Question 10

Define Export:

Answer 10

A good that is shipped to different areas of the world.

Question 11

Define Import:

Answer 11

Goods brought to the United States.

Question 12

Define Economic Region:

Answer 12

Places where people to particular kinds of work.

Question 13

Define Diplomacy:

Answer 13

The process of making decisions through discussion.

Question 14

What two countries are America’s largest trading partners?

Answer 14

Canada and Mexico

Question 15

What is NAFTA?

Answer 15

North American Free Trade Agreement

Question 16

What allows the US to pursue its interests globally?

Answer 16

The size of Economy and military

Question 17

What is the process of making decisions through discussion?

Answer 17

Diplomacy

Question 18

When is the US most likely to use military force?

Answer 18

When we are under attack

Question 19

What effect did the terrorist attacks have on US foreign policy?

Answer 19

It made our security tighter

Question 20

Describe what happened on September 11, 2001. How did the US answer?

Answer 20

The Taliban (terrorists) hijacked planes and committed terrorist acts.

The US answered by invading Iraq and Afghanistan.

Question 21

What types of aid does the US provide to other countries?

Answer 21

food, military aid, money, survival skills

Question 22

Which country contributes the most in foreign aid?

Answer 22

The United States

Question 23

Which country contributes the smallest percentage of its national income?

Answer 23

The United States

Question 24

Why does the US discourage conflict in other parts of the world?

Answer 24

Because the war could come here. Affects trade and economy.

Question 25

How do trade agreements like NAFTA increase trade?

Answer 25

Because it neighbors the US with countries in an agreement to increase trade for less cost.

Question 26

How does immigration affect the US economy and culture?

Answer 26

• Diverse cultures
• Immigrants ad to the workforce and economy
• Diverse Foods, religion

Question 27

What are some recent examples of the US influencing world events through its foreign policy?

Answer 27

Pursued Afghanistan and declared war in response to the 9/11 attacks. Removed Saddam Hussein from power.