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Geography and economics

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Geography and economics

  1. 1. Geography and Economics
  2. 2. In a command economy, the question of what goods to produce is primarily determined by <ul><li>cultural traditions. </li></ul><ul><li>decisions by individuals. </li></ul><ul><li>government plans. </li></ul><ul><li>corporate policies.  </li></ul>30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1
  3. 3. Economic systems answer the question of how goods and services are produced. What is one way a country could change from a command economy to a market economy? <ul><li>if the government takes control of family-owned farms </li></ul><ul><li>if privately owned banks become subject to stricter regulation </li></ul><ul><li>if agricultural and factory workers are required to join labor unions </li></ul><ul><li>if industries that had been owned by the government become privately owned  </li></ul>30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1
  4. 4. How did the U.S. government’s role in the economy change as a result of the Great Depression? <ul><li>The federal government had a reduced role in regulating economic activity. </li></ul><ul><li>The federal government maintained the role it had in economic matters before the Great Depression. </li></ul><ul><li>The federal government expanded its role in regulating economic activity and promoting economic growth. </li></ul><ul><li>The federal government transferred its role in economic affairs over to the state governments. </li></ul><ul><li>  </li></ul>30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1
  5. 5. In order to stimulate the economy, the United States government lowers personal income tax rates. Why would this action be expected to promote economic growth? <ul><li>Businesses would be required to hire more employees.  </li></ul><ul><li>Manufacturers would have to pay more for raw materials. </li></ul><ul><li>The government would be less likely to engage in deficit spending. </li></ul><ul><li>Consumers would have more money available to spend on goods and services. </li></ul>30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1
  6. 6. The majority of people in Spain speak Spanish as their first language, but in the Basque region of Spain many people speak Basque as their first language. This is one reason many people in the Basque region believe they should separate from Spain and become an independent country.   Which would be an argument of supporters of this idea? <ul><li>Boundaries once settled should remain in place. </li></ul><ul><li>Economic considerations will promote national unity. </li></ul><ul><li>Political boundaries should reflect cultural characteristics. </li></ul><ul><li>Natural boundaries should determine political boundaries. </li></ul>30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1
  7. 7. What economic factor primarily contributed to the movement of African-Americans from the South to the North in the late 19th and early 20th centuries? <ul><li>greater employment opportunities in urban areas </li></ul><ul><li>increased imports from newly-acquired U.S. territories </li></ul><ul><li>the availability of free land under the Homestead Act </li></ul><ul><li>the need for agricultural workers to feed a growing population </li></ul><ul><li>  </li></ul>30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1

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