Answer: C
4. Which of the following is an example of how the government regulates business in the mixed economy of the United States?
A. The Federal Bureau of Investigation works with members of local police forces to solve crimes.
B. The Department of Transportation builds a highway and approves all the work done on roadways.
C. The Food and Drug Administration must approve a new drug before it can be sold to the public.
D. The Department of Education sets educational standards for all schools in the country.
Answer: C
E2.3.1 Describe the impact of governmental policy (sanctions, tariffs, treaties) on that country and on other countries that use its resources.
1. An embargo is the act of not allowing trade ships to enter or leave a country’s ports. Embargoes are sometimes done to protect the supply or value of a country’s goods, but they can also be used as a strategy against other countries who wish to trade for those goods. In the United States, the Embargo Act of 1807 was passed to punish Britain and France during the Napoleonic Wars. It forbade American ships from trading with other nations. The embargo was lifted, however, after it did more damage to the American economy than to Britain or France’s.
Why might a country embargo goods from another country?
A. As an economic or political strategy
B. To help the economy of the other country
C. As a way of declaring war
D. To punish farmers and factory workers
Answer: A
2. Using your knowledge of economics and embargoes, which is the BEST economic reason for the U.S. to keep a trade embargo with Cuba?
A. Cuba’s sugar exports would compete with America’s own sugar farmers.
B. American exporters would have to travel further to sell their products.
C. American exporters would benefit from being able to sell their goods to Cuba.
D. Cuba is one of the few remaining countries that have not adopted a free-market system.
Answer: A
3. Which of the following is an example of how the government regulates business in the mixed economy of the United States?
A. The Food and Drug Administration must approve a new drug before it can be sold to the public.
B. The Department of Education sets educational standards for all schools in the country.
C. The Department of Transportation builds a highway and approves all the work done on roadways.
D. The Federal Bureau of Investigation works with members of local police forces to solve crimes.
Answer: A
E3.1.1 Use charts and graphs to compare imports and exports of different countries in the Western Hemisphere and propose generalizations about patterns of economic interdependence.
1. More countries are using the U.S. dollar as their domestic currency. This is because certain countries feel their economies will become more stable and grow. Latin American countries, for example, began to use the U.S. dollar as their country faced increased unemployment and inflation. These particular Latin American countries used the dollar as the hard currency in order to protect their income inflation. The use of the dollar only increased as inflation worsened.
According to the passage above, which of the following is a reason some Latin American countries use the U.S. dollar instead of their own currency?
A. These countries hope that using the dollar will help make their economies stable.
B. These countries are under the control of the U.S. government and so use the dollar.
C. So many people in these countries travel to the U.S. that they need to use the dollar.
D. So many American tourists travel to these countries that they need to use the dollar.
Answer: A
2. Which of these sentences describes an export from the United States?
A. Rugs made in San Francisco are sold in Germany.
B. Perfumes made in France are sold in New York City.
C. Shoes made in China are sold in San Francisco.
D. Books made in Europe are sold in the United States.
Answer: A
3. Which of these fits best in the empty square?
A. Gasoline from Saudi Arabia
B. Flat screen TVs from Japan
C. Skateboards from Singapore
D. Computer parts from California
Answer: D
4. There is a high demand for South American products in China and other Asian countries. Because of this, the government of Chile believes that South American countries need to combine their exports in order to fulfill Asia’s needs.
In this case, the reason South American countries need to cooperate is because
A. China and Asia compete with the exports of South American countries.
B. the supply of the individual countries cannot meet the market’s demand.
C. the demand of the individual countries cannot meet the market’s supply.
D. South American countries need some of China’s natural resources.
Answer: B
E3.1.2 Diagram or map the movement of a consumer product from where it is manufactured to where it is sold to demonstrate the flow of materials, labor, and capital (e.g., global supply chain for computers, athletic shoes, and clothing).
1. Which of these fits best in the empty square?
A. Skateboards from Singapore
B. Computer parts from California
C. Flat screen TVs from Japan
D. Gasoline from Saudi Arabia
Answer: B
2. Which of these best completes the web?
A. Peanuts grown in Georgia.
B. Potatoes grown in Idaho.
C. Cars made in Michigan.
D. Clothes made in Mexico.
Answer: D
3. Brazil is the largest exporter of such goods as coffee, orange juice, and sugar. Agricultural products are exported out of Brazil at a fast rate, as Brazil is one of the world’s major producers of agricultural products.
The reason Brazil exports so many agricultural products is mostly a result of Brazil’s
A. educational opportunities.
B. human resources.
C. capital resources.
D. natural resources.
Answer: D
E3.1.3 Explain how communications innovations have affected economic interactions and where and how people work (e.g., internet-based home offices, international work teams, international companies).
1. Within a couple of years after a new model of computer is introduced, its price tends to decrease. This drop in price can best be explained by which of the following reasons?
A. Computer manufacturers find it difficult to produce a sufficient supply of the computers.
B. New, more advanced computers appear in the market, reducing the demand for the old computers.
C. Consumers are usually not interested in computer products, so they cannot be sold for higher prices.
D. Demand for these computers increases because businesses find new ways to use them.
Answer: B
2. Many people in the United States decide to go to college after they graduate high school. However, going to college is expensive and takes several years to complete. What is the main reason people choose to attend college?
A. People are afraid of trying to find work when they graduate.
B. People enjoy going to school and do not want to stop.
C. Most students’ parents force them to go to college.
D. People with college degrees will most likely find better jobs.
Answer: D
3. The Internet has changed the way people work around the world. Which of these best describes the effect of the Internet on international businesses?
A. International businesses can interact socially.
B. People around the world can share natural resources.
C. People around the world can communicate faster.
D. International businesses can be more independent.
Answer: C
E3.3.1 Explain and compare how economic systems (traditional, command, and market) answer four basic questions: What should be produced? How will it be produced? How will it be distributed? Who will receive the benefits of production? (e.g., compare United States and Cuba, or Venezuela and Jamaica.)
1. In a market economy, the supply of a product increases when the number of companies that make that product increase. Which of the following could be predicted when supply of a product increases?
A. Competition will decrease; prices will increase
B. Competition will increase; prices will increase
C. Competition will decrease; prices will decrease
D. Competition will increase; prices will decrease
Answer: D
2. Brazil is the largest exporter of such goods as coffee, orange juice, and sugar. Agricultural products are exported out of Brazil at a fast rate, as Brazil is one of the world’s major producers of agricultural products.
The reason Brazil exports so many agricultural products is mostly a result of Brazil’s
A. human resources.
B. capital resources.
C. natural resources.
D. educational opportunities.
Answer: C
3. There is a high demand for South American products in China and other Asian countries. Because of this, the government of Chile believes that South American countries need to combine their exports in order to fulfill Asia’s needs.
In this case, the reason South American countries need to cooperate is because
A. China and Asia compete with the exports of South American countries.
B. the supply of the individual countries cannot meet the market’s demand.
C. South American countries need some of China’s natural resources.
D. the demand of the individual countries cannot meet the market’s supply.
Answer: B
4. A large number of Mexico’s oil and gas production facilities in the Gulf of Mexico were destroyed by Hurricane Roxanne in 1995. The important supply, which was depended upon by both Mexico and the U.S. refineries, had very little time to recover. It was estimated that nearly 40 million barrels of oil production in Mexico were destroyed. This was the supply that was expected to be sent to the U.S.
The oil refiners in the US Gulf Coast were experiencing the result of
A. their competition with Mexican oil producers.
B. their interdependence on Mexican oil producers.
C. the unequal distribution of oil supplies in the gulf.
D. the tragedy of Hurricane Roxanne in Mexico.
Answer: B
Sixth Grade Social Studies Assessments – May 2009
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