Latin America Flashcards

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1
Q

What is Mexico’s most valuable resource?

A

Oil

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2
Q

What are the 3 economic questions that every country must answer?

A

What to produce, How to produce, and for whom to produce

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3
Q

What type of economic system do most democratic countries have?

A

Mixed

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4
Q

In a free market economy, what do private citizens and businesses base their economic decisions on?

A

Supply and demand of the marketplace

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5
Q

What type of government does Mexico have?

A

Presidential Democracy

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6
Q

What economic system does Cuba have?

A

Command

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7
Q

What was the War on Drugs?

A

US government’s attempt to stop illegal drug trade by going after the suppliers in Latin America

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8
Q

What does the term poverty mean?

A

It is the state of being extremely poor and not being able to meet basic needs.

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9
Q

What type of economic system does Brazil have?

A

Mixed

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10
Q

What does bicameral mean?

A

Having 2 branches or chambers

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11
Q

Fidel Castro was what type of leader?

A

Dictator

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12
Q
A presidential democracy is used in which country?
Australia
Canada
Mexico
United Kingdom
A

Mexico

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13
Q
Which country requires most adults to vote?
Cuba
Brazil
Mexico
United States
A

Brazil

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14
Q

What is scarcity?

A

Limited supply of something

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15
Q

What is Gross Domestic Product (GDP)?

A

The total value of all goods and services produced in a country in one year

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16
Q

There are 4 factors that determine a country’s GDP for the year, name 1?

A

Natural resources
Human capital
Capital goods
Entrepreneurship

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17
Q

What is the most populated city in Mexico?

A

Mexico City

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18
Q

Which mountains in Mexico surround the city and trap in polluted air?

A

Sierra Madre Mountains

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19
Q

What is deforestation?

A

Cutting down a widespread of trees

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20
Q

Describe northern Mexico’s climate?

A

Hot and dry with little rainfall

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21
Q

Why do many Mexicans live in Mexico City and the surrounding area?

A

Because of the jobs available in factories

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22
Q

To which country does Mexico send most of its exports?

A

The United States

23
Q

What is Cuba’s most important export?

A

Sugarcane

24
Q

Cuba and the United States do not trade, why?

A

The Embargo Act

25
Q

Where is the Amazon River and Amazon Rain forest located?

A

Brazil

26
Q

What is the largest country in Latin America?

A

Brazil

27
Q

What type of economic system does Mexico have?

A

Mixed

28
Q

What type of government does Cuba have?

A

Autocratic Dictatorship

29
Q

What does unicameral mean?

A

Having 1 branch or chamber

30
Q

Who did Fidel Castro overthrow to become the leader of Cuba?

A

Batista

31
Q

A traditional economic system is based on what?

A

Customs and beliefs of the past

32
Q
Type of government where one person has complete control?
Democracy
Autocracy
Oligarchy
Unitary
A

Autocracy

33
Q
What form of government allows its citizens to vote?
Democracy
Autocracy
Oligarchy
Unitary
A

Democracy

34
Q

What is Human Capital?

A

Knowledge, skills and relative health of a nation’s labor force

35
Q
The illegal smuggling of products, usually weapons or drugs?
Trafficking
Smuggling
Migration
Black Market
A

Trafficking

36
Q

What is the cartel?
Corrupt government officials
Group that helps others migrate to another country
The Andean farmers who grow and produce illegal drugs
Group that dominates the trade of specific product or service

A

Group that dominates the trade of specific product or service

37
Q

What are the three economic systems?

A

Traditional, Market and Command

38
Q

What answers the three economic questions in a traditional economy?
Consumers
Government
Community traditions

A

Community traditions

39
Q

Who answers the three economic questions in a command economy?
Consumers
Government
Community traditions

A

Government

40
Q

Who answers the three economic questions in a market economy?
Consumers/businesses
Government
Community traditions

A

Consumers/businesses

41
Q

What is a tariff?
A limit on imported goods
A ban on imported goods
A tax on imported goods

A

Tax on imported goods

42
Q

What is an embargo?
A limit on imported goods
A ban on imported goods
A tax on imported goods

A

A ban on imported goods

43
Q

What is a quota?
A limit on imported goods
A ban on imported goods
A tax on imported goods

A

A limit on imported goods

44
Q

What does the letter N-A-F-T-A stand for in NAFTA?

A

North America Free Trade Agreement

45
Q

What is NAFTA?
An agreement between Canada, Mexico & US that stops trade between them
An agreement between Canada, Mexico & US that limits trade between them
An agreement between Canada, Mexico & US that lets them freely trade with each other without taxes

A

An agreement between Canada, Mexico & US that lets them freely trade with each other without taxes

46
Q

How does a high literacy rate help a country?
Increases the amount of money a country can make
Decrease the amount of money a country can make
It does not affect how much a country can make

A

Increases the amount of money a country can make

47
Q
The world gets about 20% of what resource from the Amazon Rain forest?
Medicine
Rubber
Oxygen
Soybean
A

Oxygen

48
Q

What is the main source of air pollution in Mexico?

A

Cars and factories

49
Q

Mexico does not have an abundance of farmland because the climate is?
Too cold
Too dry
Too wet

A

Too dry

50
Q

What natural resource is an important export of Brazil?

A

Iron Ore

51
Q
Most people in Latin America live in what areas?
Rural
Urban
Forest
None of these
A

Urban

52
Q

True or False, Mexico has much arable land?

A

False

53
Q
Which pair of countries have governments that are most similar?
Brazil and Cuba
Brazil and Mexico
Mexico and Cuba
Cuba and the US
A

Brazil and Mexico

54
Q
Which term describes how political power is distributed in Cuba?
Aristocratic Government
Federal Government
Confederation Government
Unitary Government
A

Unitary Government