Government Economics

Question 0

United Nations

Answer 0

An international organization whose aim is to cooperate in international law and peace

Question 1

European Union

Answer 1

A political and economic union of many European countries

Question 2

Traditional Economy

Answer 2

Goods are traded without exchanging money

Question 3

Command Economy

Answer 3

Production is determined by central government

Question 4

Market Economy

Answer 4

Free enterprise production is determine by demand

Question 5

Mixed Economy

Answer 5

Socialism mix of command and market economies

Question 6

Primary

Answer 6

Raw materials

Question 7

Secondary

Answer 7

Materials that changed form

Question 8

Tertiary

Answer 8

Business or professional services

Question 9

Qua ternary

Answer 9

Provide information,management,education,government

Question 10

GDP

Answer 10

The total value of goods and services

Question 11

Per capita GDP

Answer 11

GDP divided by the total

Question 12

HDI

Answer 12

Measures poverty,literacy,education etc

Question 13

Literacy

Answer 13

The ability to read or write

Question 14

Life expectancy

Answer 14

Average expected life length

Question 15

Infant mortality rate

Answer 15

Number of deaths during first year of birth

Question 16

Less developed

Answer 16

Low GDP and typically low HDI

Question 17

Newly developed

Answer 17

Rising GDP and HDI literacy, income and life expectancy

Question 18

More developed

Answer 18

High GDP and HDI literacy, income and life expectancy