Unit 7 Jeopardy

Which of these was the main purpose of the North American Free Trade Agreement (NAFTA) of 1993?a. to weaken Mexico's economyb. to attract United States workers to Mexicoc. to encourage Mexican companies to move to Canadad. to open markets between the United States and Mexico

Which of these best explains why local governments create zoning laws?

a. to require builders to pursue creative designs

b. to increase the number of jobs in a community

c. to encourage businesses and citizens to recycle more goods

d. to control the use of buildings and land within a community

Which of these is an economic benefit of lower tax rates?

a. better public servicesb. more consumer spendingc. expanded government programsd. larger number of government

employees

Read the excerpt below.

Which of these was most likely the United States policy toward Cuba at the time the article was written?

A. boycotting Cuban exportsB. funding the Cuban governmentC. maintaining a military alliance with CubaD. encouraging other nations to trade with Cuba

Which of these is most likely a goal of the policy toward Cuba?

A. to increase tourism to CubaB. to eliminate migration from CubaC. to weaken the economy of CubaD. to obtain military intelligence about

Cuba

Which of these is a characteristic of a market economy?

A. limited business rightsB. competition between businessesC. government control and ownership of

propertyD. nationwide pricing rules for goods and

services

A local government has a limited amount of money to spend. It decides to spend the money to support local businesses instead of to remove trash from unused buildings and vacant lots.

Which of these is the opportunity cost of this decision?

A. tax revenueB. jobs for local residentsC. a clean environmentD. profits for business owners

Read the news article excerpt below.

Which of these statements is supported by the excerpt?A. Wildlife preservation is mainly a responsibility of private

organizations.B. The federal and state governments share responsibilities for

preserving wildlife.C. The state government relies mainly on private developers to

enforce wildlife regulations.D. Wildlife regulations issued by the state government take

priority over federal regulations.

Which of these best describes the United States’ economic system?

F mixedG marketH commandJ traditional

Study the political cartoon below.

Copyright © 2002 by Eric Smith. Reprinted by permission of Eric Smith.

EPA: Environmental Protection AgencyTo which problem in Maryland does the political cartoon

most directly apply?F determining traffic patterns in AnnapolisG informing Baltimore residents of crime ratesH improving the water quality in the Chesapeake BayJ limiting the growing population around Washington, D.C.

Which of these is an example of government fiscal policy?

A creating budgetsB adjusting the discount rateC conducting open-market operationsD changing the reserve requirement

The United Nations was organized to

A decrease trade barriersB prevent further world warsC establish a military allianceD create a single world currency

Read the news article excerpt below.

Which of these government responsibilities is most closely related to the activity described in the excerpt?

A. protecting public safetyB. promoting economic growthC. protecting individual libertiesD. promoting regional cooperation

Which of these is a role of regulatory agencies such as the Federal Aviation Administration (FAA) and Environmental Protection Agency (EPA)?

A. to set up worker training programsB. to establish the prime interest rateC. to protect the safety of citizensD. to make rules about campaigns for

public office

Read the news article excerpt below.

The government action in the news article is an example of

A. state government cooperation in regional issuesB. federal intervention in states’ rights issuesC. the government’s role in a free market economyD. the improved condition of polluted waterways

The Federal Trade Commission (FTC) requires that all products labeled “Made in the USA” be “all or virtually all” made in the United States.

Which of these is the main reason for the above requirement?

A. to increase the advertising industry's profitsB. to encourage more foreign importsC. to enforce truth-in-advertising standardsD. to lower the cost of manufactured goods

Which of these is a responsibility of the Federal Reserve System?

• collecting taxes• lending money to individuals• controlling the money supply• approving government budgets

Which of these is a characteristic of an economic downturn?

• increased employment levels• increased consumer spending• decreased government regulation• decreased production of goods and

services

Which of these environmental issues would be the least likely topic for joint action by the United States and Canada?

• air pollution• wildlife migration• water quality• residential development

The federal government allows individuals to take income tax deductions for contributions they make to charities. This practice results in a loss of tax revenue for the government.

Which of these best explains why the government allows this type of tax deduction?

• to encourage charities to hire more workers• to encourage people to pay their taxes on time• to increase the benefits provided by charities• to increase the amount of government regulations

Read the news article excerpt.

Based on the article, which of these is a function of the Federal Emergency Management Agency (FEMA)?

• operating public hospitals• constructing state highways• ensuring the welfare of citizens• developing technology to predict weather

Which of these government regulatory agencies enforces legislation to limit or reduce water pollution?

• the Federal Trade Commission (FTC)• the Food and Drug Administration

(FDA)• the Environmental Protection Agency

(EPA)• the Federal Aviation Administration

(FAA)

Which of these actions best describes regional cooperation?

• A state park expands its tree planting program.

• Maryland increases pay for state employees.

• The state capitol and other public buildings are opened to visitors.

• State governors meet to plan interstate highways

The United States Department of Agriculture (USDA) provides help to landowners who want to restore wetlands located on their property.

What is most likely the purpose of this program?

• to protect the environment• to purchase private property• to encourage development• to increase tax revenues

After purchasing a new car, the owner had the steering wheel repaired at least four times within one year. Under Maryland law, the person is entitled to a new car or a refund.

The purpose of this law is to protect the• consumer• government• automobile salesperson• automobile manufacturer

In the 1980s, the United States, some European countries, and the United Nations banned the trade of certain goods and services to South Africa. The policy was in response to South African laws which enforced racial segregation.

Which of these best describes this action toward South Africa?

• the use of diplomacy to gain military strength• the use of free trade to build military alliances• the use of humanitarian aid to win political support• the use of economic sanctions to bring about

social change

Which of these does the International Red Cross provide in time of war?

• health care to prisoners of war• trained personnel to assist in combat• military protection to nations

surrounding war zones• ambassadors to help warring nations

reach peaceful agreements

Which of these is the main goal of both the World Bank and the International Monetary Fund?

• to improve the economies of member nations

• to promote democratic reforms in member nations

• to increase reliance on agriculture in member nations

• to support the educational institutions of member nations

Why did the United States government most likely sign the North American Free Trade Agreement (NAFTA)?

• to expand the economy• to establish a military alliance• to provide direct funding to foreign

countries• to improve the transportation system

between member countries

The Maryland State Highway Administration is considering a plan to widen three miles of a major route from two lanes to six lanes.

Which of these most likely caused this planned action?

• a decrease in trucking• an increase in population• an increase in unemployment rates• a decrease in construction work

If tax revenues decrease, what would be the effect on the state of Maryland?

• Maryland would reduce tax rates.• Retail businesses would lower prices.• Maryland would reduce funding for

some programs.• The federal government would

replace lost income from taxes.

The Clean Alternative program was developed by the Maryland state government to encourage businesses, such as taxicab companies, to switch to cars that use new technologies that are less harmful to the environment.

Which of these government actions would support the goal of this program?

• reducing the costs of gasoline• improving the condition of state highways• building more parking areas in crowded

communities• providing tax credits for the purchase of

low-pollution cars

Maryland lost approximately 10,000 acres of forest land each year between 1985 and 1990. Which of these government actions would have done the most to reduce the loss?

• eliminating zoning laws• limiting the development of real

estate• reducing funds for environmental

studies• decreasing the number of wildlife

preservation areas

The Susquehanna River flows through New York, Pennsylvania, and Maryland.

Which of these is the most effective way to resolve disputes over the use and protection of the river?

• turn over control of the river to one state• hire a private company to manage actions

related to the river• encourage each state to develop and

enforce its own policies• create a regional organization to develop

policies regarding the river

The states of Maryland, Virginia, and Delaware joined together during the 1980s and 1990s in an effort to reduce pollution in the Chesapeake Bay. This is an example of a government policy being shaped by

• regional interests• national interests• community interests• international interests

Which of these is a characteristic of a traditional economy?

• People rely heavily on hunting and farming.

• Large corporations compete for business.

• The government generally owns all means of production.

• Technological advancements encourage growth.

Which of these is usually true in nations with a market economy?

• Businesses that are inefficient risk going out of business.

• Most farms are owned and operated by the government.

• Workers are restricted by the government from changing jobs.

• Consumers have little choice in the types of goods they may buy.

Which of these is a way the government promotes economic equity and fairness?

• redistributing income• increasing interest rates• monitoring tax rates on exports• decreasing the money supply

The federal government passed a lawreducing the amount of lumber that canbe cut from national forests.Which of these could be a result of thislaw?• increased production of wood products• higher prices for consumers of wood

products• decreased profits for manufacturers of non-

wood products• decreased taxes for the non-wood

manufacturing industry

Which of these is an economic cost of an airport being built near a small town?

• lower tax revenue• fewer business opportunities• more unemployment• increased demand on public services

The Consumer Product Safety Commission (CPSC), a federal government agency, regulates consumer products by developing and enforcing safety standards, and educating consumers.

Based on this information, which of these would most likely be a responsibility of the CPSC?

• to provide money to help businesses improve their products

• to ensure that people are paying a fair price for a product

• to help businesses identify products that will meet their needs

• to order a recall of a product that may cause harm to people

The Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) are similar in that they both

• regulate labor• enforce tax laws• protect consumers• oversee transportation

Which of these is a function of the Federal Aviation Administration (FAA)?

• to issue airline tickets• to finance new airlines• to hire airline pilots• to regulate airline traffic

Which of these economic indicators would be most useful for determining the rate of inflation?

• the prime interest rate• the unemployment rate• Consumer Price Index (CPI)• Gross Domestic Product (GDP)

Read the information below and use it to answer the BRIEF CONSTRUCTED RESPONSE that follows.

The Baltimore Metropolitan Council represents the governments of five neighboring counties. The Council oversees air and water quality programs and helps operate a regional rideshare program.

• Describe the advantages and disadvantages of this type of regional cooperation.

• Do the advantages outweigh the disadvantages? Explain why or why not.

• Include details and examples to support your answer.

Read the excerpt below and use it to answer the BRIEF CONSTRUCTED RESPONSE that follows.

Children's Television Programming “[An educational program] must be a regularly scheduled, weekly

program of at least 30 minutes, and aired between 7:00 a.m. and 10:00 p.m. The program must also be identified as educational and informational for children when it is aired…. Broadcasters will … air three hours per week of [educational] programming.”

—from an order issued by theFederal CommunicationsCommission (FCC) in 1996

• Describe benefits of the FCC regulations outlined above.• Do you consider the regulations outlined above to be a form of

censorship? Explain why or why not.• Include details and examples to support your response.

The World Health Organization, of which the United States is a member, is an agency of the United Nations formed to help people achieve “the highest possible levels of health.” It has contributed to the reduction of some diseases. Its services include training medical personnel and sponsoring medical research.

• Explain the advantages and disadvantages to the United States of being a member of the World Health Organization.

• Should the United States be concerned about health care in other countries? Explain why or why not.

• Include details and examples to support your answer.