Exam Review

Question 1

When was the UN created?

Answer 1

October 1945

Question 2

How many countries originally formed the UN?

Answer 2

51

Question 3

What is the UN?

Answer 3

Organization working to solve humanitarian problems.

Question 4

What does the UN work to do?

Answer 4

Promote human rights, protect the environment, fight disease, foster development, reduce poverty

Question 5

How many organizations are within the UN?

Answer 5

30

Question 6

What are the UN’s 4 purposes?

Answer 6

peace and security, friendly relations between nations, solve international problems, promote human rights

Question 7

What can the UN do to help developing countries using the help of one of its partner associations?

Answer 7

Make loans to developing countries, improve the quality of drinking water, work to expand food production.

Question 8

What is something the UN does not do?

Answer 8

It does not make laws. It cannot force action from any state.

Question 9

What fields does the UN have responsibilities in?

Answer 9

Economic, social, cultural, educational and health fields.

Question 10

Who are the 5 permanent members of the Security Council?

Answer 10

China, France, Russia, UK and US.

Question 11

What can the Security Council do?

Answer 11

Settle disputes between two nations, start peacekeeping missions, impose financial sanctions, demand a cease-fire, authorize military action to ensure decisions are carried out.

Question 12

What is macroeconomics?

Answer 12

The study of larger economic topics.

Question 13

What is microeconomics?

Answer 13

The study of individual economic topics.

Question 14

When and how did the great depression start?

Answer 14

1929 after a 25% drop in Dow Jones stock index.

Question 15

When and how did the great depression end?

Answer 15

1939 when the second world war started due to the high demand in products such as ammunition, ships, weapons, etc.

Question 16

What did Roosevelt do during the great depression to help stabilize inflation?

Answer 16

Increased production demands, which increased jobs and steadily decreased inflation rates.

Question 17

What is the difference between debt and deficit?

Answer 17

Debt is owing money, deficit is spending more than you have/gain.

Question 18

What is surplus?

Answer 18

When a country’s earnings are greater than its spendings.

Question 19

Who does Canada owe money to?

Answer 19

Mostly to its population and institutions.

Question 20

What is an acceptable inflation rate?

Answer 20

2-3% is good because it helps grow an economy.

Question 21

How did Zimbabwe’s economy crash?

Answer 21

Its inflation occurred due to people under viewing the currency, so they started selling stuff for more and more money, which drastically decreased the Zimbabwean dollar’s value.

Question 22

What is the difference between fiscal policy and monetary policy?

Answer 22

Fiscal policy is controlled by the government, monetary policy is controlled by the central bank of a country.

Question 23

What do central banks do?

Answer 23

They provide services and funding to the government.

Question 24

Which central bank influences other central banks?

Answer 24

The United States’.

Question 25

Developed countries tend to have _____ birth and death rates than developing countries.

Answer 25

Lower.

Question 26

Developed countries tend to have _____ fertility rates than developing countries.

Answer 26

Higher.

Question 27

Developed countries tend to have _____ life expectancy than developing countries.

Answer 27

Higher.

Question 28

Developed countries tend to have _____ infant mortality rates than developing countries.

Answer 28

Lower.

Question 29

Developed countries tend to have _____ literacy rates than developing countries.

Answer 29

Higher.

Question 30

What were the imperial powers of the World?

Answer 30

France, Britain, Germany, Italy, Belgium, US, Japan.

Question 31

What regions were the targets for colonization and why?

Answer 31

African and Asian countries due to the cheap raw materials found there. They also brought up a new market to sell these products to, eventually bringing in more money.

Question 32

Generally, developing countries have _____ GDP per capita and per capita income.

Answer 32

Low.

Question 33

Developing countries have a _____ percentage of economy and workforce in agriculture.

Answer 33

High.

Question 34

Developing countries are usually reliant on…

Answer 34

One crop or resource for export.

Question 35

Developed countries typically spend less on _____ and more on _____.

Answer 35

Less on food and more on health and education.