The US and Canada TODAY

Chapter 6

Economics

• 1.Which is true about a free market economy?

• A. The government has limited involvement.• B. The government has no involvement.• C. The government makes all of the decisions.• D. There is no government.

Economics

2. The two key groups who make up a free market economy are –

• A. government and business owners• B. business owners and producers• C. consumers and business owners• D. employees and prducers

economics

• 3. A trade deficit occurs when a country –

• A. spends more on imports than it earns on exports

• B. earns more on exports than it spends on imports

• C. takes away trade barriers• D. signs trade agreements with other countries

economics

• 4. The United States currently –

• A. earns more on its exports than in spends on imports

• B. has a trade surplus• C. spends more on imports than it earns on

exports• D. spends little money on imports

Economics

• 5. Canada currently has –

• A. a trade deficit because it is spending too much on imports.

• B. a trade surplus because it earns more on exports.

• C. trade equilibrium because imports equal exports

• D. no trade

economics

• 6. The country with the largest economy is –• A. China• B. Canada• C. Mexico• D. the United States

Economics

• 7. What is the purpose of NAFTA?

• A. Remove barriers to trade to its members• B. Limit trade to its members• C. Add extra quotas and tariffs• D. Take away trade deficits

economics

• 8. What countries are members of NAFTA?• A. China, the US, and Canada• B. China, Mexico, and the US• C. China, Mexico, and Canada• D. The US, Canada, and Mexico

economics

• 9. The top three trading partners with the US in order are –

• China, Mexico, Canada• Canada, China, Mexico• Mexico, Canada, China• China, Canada, Mexico

economics

• 10. What is the main economic resource found in Canada’s North?

• A. lumber• B. minerals• C. fish• D. manufacturing

economics

• 11. The south’s major economic activities include –

• A. ranching, lumbering, mining• B. business, trade, manufacturing• C. aviation, movie industry• D. tourism, trade, oil production

Economics

• 12. The major economic activities of the northeastern US include –

• A. ranching, lumbering, mining• B. business and trade • C. aviation, movie industry• D. tourism, trade, oil production

economics

• 13. Until recently, the main economic activities of the Interior West had been –

• A. ranching, lumbering, mining• B. business, trade, manufacturing• C. aviation, movie industry• D. tourism, trade, oil production

Economics

• 14. Which region of the US is dealing with the effects of outdated manufacturing plants?

• A. the South• B. the Pacific• C. the Interior West• D. the Midwest

economics

• 15. The city that is located on the St. Lawrence River in Canada and has a lot of industry and banking is –

• A. Toronto• B. Halifax• C. Montreal• D. Ottawa

economics

• 16. An important city for biotechnology research is Boston.

• Biotechnology is –

• A. the study of cells• B. biology and technology• C. using robots instead of doctors• D. using computers to do surgery

Economics

• 17. The government provides health care to all its citizens in which country(ies)?

• A. Canada and the US• B. Canada only• C. the US only• D. the US and Mexico

economics

• 18. Moving from the east to the west coast, what is the order of the US’s economic regions?

• Northeast, Pacific, Interior West, Midwest, South • Pacific, Interior West, South, Midwest, Northeast• Northeast, South, Midwest, Interior West, Pacific• South, Pacific, Interior West, Midwest, Northeast

Economics

• 19.What is the western-most region of the US?

• A. Pacific• B. Midwest• C. Interior West• D. South

Economics

• 20. Which region of the US is the one in which we live?

• A. South• B. Pacific• C. Midwest• D. Northeastern

Economics

• 21. Which region of the US includes the Great Lakes?

• A. South• B. Interior West• C. Midwest• D. Northeast

Other stuff

• 22. What is the US’s most populous state?• A. California• B. New York• C. Texas• D. Alaska

Other stuff

• 23. Which is Canada’s most populous province?

• A. Ontario• B. Quebec• C. British Columbia• D. Manitoba

Other stuff

• 24. How do the US and Canada participate in the United Nations?

• A. By creating NAFTA• B. By contributing money and peacekeepers• C. By looking for weapons of mass destruction• D. By enforcing laws

environment

• 25. When population spreads into natural areas, this is called –

• A. urban sprawl• B. citification• C. suburban creep• D. a strip mall

environment

• 26. Changing weather patterns are thought to be a result of –

• • A. acid rain• B. urban sprawl• C. global warming• D. change in earth’s tilt

environment

• 27. Brownfields are –

• A. farmlands that have a drought• B. a field of special brown grass• C. old, polluted, abandoned sites• D. dilapidated buildings