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Economic Systems and Social Demographics Quiz

#1

Which economic system relies heavily on government ownership and control of resources?

Socialism
Explanation

In socialism, the government controls resources.

#2

What is a characteristic of a traditional economic system?

Economic decisions are based on custom and tradition.
Explanation

Traditional economic systems rely on customs and traditions for economic decisions.

#3

In which economic system are prices determined by supply and demand?

Capitalism
Explanation

In capitalism, prices are determined by supply and demand.

#4

What is a characteristic of a market economy?

Private individuals and businesses own resources
Explanation

Market economies feature private ownership of resources.

#5

What demographic measure represents the number of people per square kilometer in a given area?

Population density
Explanation

Population density represents people per square kilometer.

#6

Which demographic measure represents the rate at which a population is increasing or decreasing?

Population growth rate
Explanation

Population growth rate represents the rate of population change.

#7

In which economic system does the government have minimal interference in economic activities?

Capitalism
Explanation

Capitalism minimizes government interference in economic activities.

#8

What demographic measure represents the average number of children born per woman in a population?

Total fertility rate
Explanation

Total fertility rate represents the average number of children born per woman.

#9

Which economic system emphasizes equitable distribution of wealth and resources?

Socialism
Explanation

Socialism emphasizes equitable distribution of wealth and resources.

#10

What is a characteristic of a mixed economic system?

Combination of government and private ownership of resources
Explanation

Mixed economic systems involve both government and private ownership of resources.

#11

What demographic measure represents the total number of live births per 1,000 people in a population in a given year?

Crude birth rate
Explanation

Crude birth rate represents the total live births per 1,000 people.

#12

Which economic system allows individuals and businesses to own property and make economic decisions with minimal government interference?

Capitalism
Explanation

Capitalism allows private ownership and minimal government interference.

#13

Which demographic group typically has the highest life expectancy?

Women
Explanation

Women typically have higher life expectancy.

#14

Which demographic factor is influenced by factors such as healthcare, sanitation, and access to clean water?

Life expectancy
Explanation

Life expectancy is influenced by healthcare, sanitation, and access to clean water.

#15

In which demographic transition stage does a country experience a rapid decline in birth rates following a decline in death rates?

Stage 3
Explanation

Stage 3 of demographic transition involves rapid decline in birth rates following decline in death rates.

#16

In which economic system does the means of production belong to the state or the community as a whole?

Communism
Explanation

Communism involves means of production belonging to the state or community.

#17

What is a characteristic of a command economic system?

Centralized government planning and control
Explanation

Command economic systems feature centralized government planning and control.

#18

What demographic measure represents the ratio of the economically dependent population to the economically productive population?

Dependency ratio
Explanation

Dependency ratio represents the ratio of economically dependent to productive population.

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