Westernization and Commoditization — Unit test Answers

How are MNCs and the WTO similar? A. They influence the world economy. B. They are run by the government. C. They are based out of the United States. D. They work on education and health care improvements. Please select the best answer from the choices provided.

Civil society organizations focus efforts on __________. A. stabilizing a nation's economy by reducing inflation B. finding long-term solutions to poverty and creating a greater quality of life for all people C. improving trade relations between nations D. providing loans to large businesses so they can hire more people Please select the best answer from the choices provided.

Moving from an economy based on agriculture and handcrafted products to one based on the large-scale production of goods using machines is called __________. A. industrialization B. technology C. innovation D. revolution Please select the best answer from the choices provided.

The primary mission of the World Bank today is to __________. A. set international exchange rates B. reduce poverty around the globe C. make short-term loans to nations D. rebuild nations after wars or natural disasters Please select the best answer from the choices provided.

If Honduras wanted to trade goods with China, how would they negotiate the treaty? A. through the WTO B. at a meeting of business executives C. through representatives elected from each country D. through a multinational corporation Please select the best answer from the choices provided.

Which of the following statements provides the best summary of the global impact of industries on the environment during the past century? A. Industrial impact on the environment has grown without restriction. B. Industrial impact on the environment has decreased steadily since the London Fog of 1952. C. Industrial impact on the environment has grown, and so have regulations limiting that impact. D. Industrial impact on the environment increased between 1910 and 1970, and has declined since then. Please select the best answer from the choices provided.

Ecosystems are in danger from all of the following except __________. A. increased thermal pollution B. decreased eutrophication C. increased air pollution D. oil spills Please select the best answer from the choices provided.

Which of the following is not a reason why infectious diseases like malaria and HIV/AIDS often hamper economic development? A. Life expectancy begins to rise. B. Caregivers lose time at work. C. More tax dollars are shifted to health care. D. People have difficulty working and earning income. Please select the best answer from the choices provided.

An economy where the government sets prices, determines what and how many items will be produced, and assigns jobs to all citizens is called a __________ economy. A. command B. traditional C. barter D. market Please select the best answer from the choices provided.

Read the passage below and answer the question that follows. Among the Maasai, a tribal culture in southwestern Kenya, an American doctor introduced a hand-washing program to help the incidence of childhood diarrhea, which can cause death if left untreated. The tribe's women began to sell homemade jewelry so they could afford to purchase soap. Which of the following development needs is met by the NGO initiative above? A. the reduction of widespread disease B. the encouragement of economic growth by international investment into a society C. an increase in the literacy rate D. a reduction in the population growth rate Please select the best answer from the choices provided.

Which of the following was not an effect of the Ford assembly line? A. The time needed to assemble a car decreased. B. Other manufacturing industries adopted the assembly line. C. The price of cars increased as demand increased. D. The growth of the automobile industry led to tremendous growth in other industries. Please select the best answer from the choices provided.

What is a major difference between formal and informal economic sectors? A. the dress code required of workers B. whether jobs deal with raw materials or finished products C. government regulation and oversight D. whether or not the nation has a comparative advantage Please select the best answer from the choices provided.

How does gross domestic product (GDP) differ from gross national income (GNI)? A. GDP counts the number of citizens in a country, while GNI counts the number of citizens abroad. B. GDP measures how happy people are in a country, while GNI measures how happy they are internationally. C. GDP is used by NASA to measure eroding coastlines, while GNI is used by the FBI to monitor criminal activity across borders. D. GDP measures the money that a country makes in its own land, while GNI measures the money it makes in other countries and at home. Please select the best answer from the choices provided.