5-topic Template by Eric Curts ericcurts@gmail.com - www.ericcurts.com twitter.com/ericcurts - plus.google.com/+ericcurts1 This slideshow is for educational use only and is not affiliated with Jeopardy! or Sony Pictures Digital Inc. Jeopardy! is a registered trademark of Jeopardy Productions, Inc. 2005 Jeopardy Productions, Inc. All rights reserved.
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JEOPARDY BOARD FINAL JEOPARDY Trade Barriers Economic Systems World Economics GDP Capital $100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500
Topic 1 - $100 Question What is the purpose of a trade barrier? Click to see answer
Topic 1 - $100 Answer To limit the amount of imports that enter a country Click to return to Jeopardy Board
Topic 1 - $200 Question What must happen for an embargo to be successful? Click to see answer
Topic 1 - $200 Answer The other country must suffer and put pressure on their leaders to bring about change Click to return to Jeopardy Board
Topic 1 - $300 Question President Boyd declares only 5 goods may be brought in from outside countries. What kind of trade barrier is this? Click to see answer
Topic 1 - $300 Answer Quota- limit on imported goods Click to return to Jeopardy Board
Topic 1 - $400 Question Mrs. Bender wants to keep all of the money in her land. She decides she will charge an extra fee for all goods imported into her country. What kind of trade barrier is this? Click to see answer
Topic 1 - $400 Answer Tariff- tax on imported goods Click to return to Jeopardy Board
Topic 1 - $500 Question What situation could cause a country to place an embargo on another country? Click to see answer
Topic 1 - $500 Answer They are usually upset with how the other government is running things Click to return to Jeopardy Board
Topic 2 - $100 Question This is an economic system where the customs and traditions of the past determine how goods and services are produced and sold... Click to see answer
Topic 2 - $100 Answer Traditional Click to return to Jeopardy Board
Topic 2 - $200 Question Samantha goes to the bank to get a business loan for the bakery she has always dreamed of. What type of economic system is this? Click to see answer
Topic 2 - $200 Answer Market Click to return to Jeopardy Board
Topic 2 - $300 Question This is an economic system where the government completely controls and dominates how goods and services are produced and sold. Click to see answer
Topic 2 - $300 Answer Command Click to return to Jeopardy Board
Topic 2 - $400 Question What two economic systems do not place value in the presence of entrepreneurs? Click to see answer
Topic 2 - $400 Answer Command and Traditional Click to return to Jeopardy Board
Topic 2 - $500 Question Why are all economic systems mixed? Click to see answer
Topic 2 - $500 Answer All economic systems have characteristics of both market and commandhowever they usually lean closer to one or the other Click to return to Jeopardy Board
Topic 3 - $100 Question What country experiences the most economic freedom in the world? Click to see answer
Topic 3 - $100 Answer Australia Click to return to Jeopardy Board
Topic 3 - $200 Question Which shape represents the country with the most government restrictions? Command Market Click to see answer
Topic 3 - $200 Answer The smiley face- Remember our pinky promise?! USE THE LINE. XOXO Click to return to Jeopardy Board
Topic 3 - $300 Question What are the only two countries in your standard with a command economy? Click to see answer
Topic 3 - $300 Answer Russia and Cuba Click to return to Jeopardy Board
Topic 3 - $400 Question Which economic system is characterized by the relationship between buyers and sellers? Click to see answer
Topic 3 - $400 Answer Market Click to return to Jeopardy Board
Topic 3 - $500 Question Dembe rebels against the jobs his ancestors did. As a result, the people in the village no longer have what they need to survive. What system does he live in? Click to see answer
Topic 3 - $500 Answer Traditional Click to return to Jeopardy Board
Topic 4 - $100 Question What IS GDP? NOT what it stands for! Click to see answer
Topic 4 - $100 Answer The final amount of goods and services produced in a country in one year Click to return to Jeopardy Board
Topic 4 - $200 Question List five investments a country can make to increase GDP? Click to see answer
Topic 4 - $200 Answer human capital, physical capital, natural resources, literacy rate, and arable land Click to return to Jeopardy Board
Topic 4 - $300 Question What is GDP per capita? Click to see answer
Topic 4 - $300 Answer The GDP of a country divided by the population Click to return to Jeopardy Board
Topic 4 - $400 Question A majority of the children in Frasierville cannot read and write. How will this impact their GDP? Be specific. Click to see answer
Topic 4 - $400 Answer They have a low literacy rate, therefore they will likely have a lower GDP. Click to return to Jeopardy Board
Topic 4 - $500 Question What best represents a country s economic stability? GDP? Or GDP per capita? Click to see answer
Topic 4 - $500 Answer GDP per capita- it takes into account the population Click to return to Jeopardy Board
Topic 5 - $100 Question Why must a country invest in human capital? Click to see answer
Topic 5 - $100 Answer Workers are more productive when they have education and health care Click to return to Jeopardy Board
Topic 5 - $200 Question Nike built a new factory in order to produce a higher volume of shoes. What type of capital is this? Click to see answer
Topic 5 - $200 Answer Physical Capital Click to return to Jeopardy Board
Topic 5 - $300 Question Cass Middle School keeps old computers in order to save money. They run slowly and are not efficient. What type of capital should they consider investing in? Click to see answer
Topic 5 - $300 Answer Physical Capital Click to return to Jeopardy Board
Topic 5 - $400 Question Mrs. Savage and Mrs. Bender went to a training on how to use the Mac Laptops last summer. What kind of capital did the school system invest in? Click to see answer
Topic 5 - $400 Answer Human Capital They were gaining knowledge on how to use the laptops Click to return to Jeopardy Board
Topic 5 - $500 Question Why would companies spend money on new machines for its factories when their older ones still work? Click to see answer
Topic 5 - $500 Answer Newer machines will allow the company to produce goods quicker, making more money Click to return to Jeopardy Board
FINAL World Economics Click to see question
Final Jeopardy Question How do entrepreneurs increase GDP? List 2 ways. Click to see answer
Final Jeopardy Answer 1. The provide jobs for the workers. 2. The make a profit/taxes 3. Any other way your teacher agrees to Click to return to Jeopardy Board