Economic Systems and Globalization in Asia
Passage
•
Social Studies
•
7th Grade
•
Practice Problem
•
Hard
DEANNA BROOKS
Used 1+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic system does North Korea primarily follow?
Command economy
Mixed economy
Market economy
Traditional economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What significant economic change did India undergo in 1991?
Adopted a command economy
Began liberalizing its economy
Increased government control
Banned foreign investment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major challenge faced by Asia due to globalization?
Aging populations
Abundance of natural resources
Decreasing foreign investment
Surplus of labor
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has globalization impacted South-East Asia's service industry?
It has flourished, particularly in IT and business process outsourcing
It has declined due to increased competition
It has remained stagnant
It has shifted focus to agriculture
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What historical factor initially drove Southeast Asia's integration into the global economy?
Spice trade
Digital adoption
Industrialization
Urbanization
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