World Resources Quiz

Which statement is true for all democracies?

The people elect the leaders.

Which of the following rely on fossil fuels?

coal-fired power plants

Which of the following trends best describes the changes in government authority over the last few decades?

away from authoritarianism and toward democracy

Which business is easiest to locate almost anywhere?

an online bank

How do the “laws of supply and demand” operate in a market economy?

When consumers demand goods, private businesses supply them.

Which of the following would most encourage cultural divergence?

public access to the Internet

What do economists call the total value of a country’s goods and services produced in a year, divided by its total population?

per capita gross domestic product

Countries lacking natural resources, human resources, and capital resources would likely ___.

be poor and underdeveloped

What would you expect to find in a developed country?

modern technology and industries

What would most likely happen if the world completely ran out of oil and natural gas?

People would substitute other sources of energy.