SOC4_Week_06_Quiz_02

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SOC 450

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Economics

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Feb 20, 2024

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QUESTION 1  The market-driven approach to economics holds that: the collective ownership of the means of production will generate the most output workers specializing on making one product instead of many will lead to the destruction of the entire economic system government must take a central role in the planning, production and distribution of all goods open trade is imperative to the survival of a market-driven economy 10 points QUESTION 2  The country best known for the state approach in the 1980s, where the government played a central role in economic decision-making was: United States Soviet Union United Kingdom Mexico 10 points QUESTION 3  At the present rate of economic growth in the developed world, what can we expect for the future? A decrease in the availability of freshwater will make irrigation more limited. Major grain-producing areas will find new sources of freshwater for irrigation. Less fossil fuels will be used because of the increase of nuclear energy. New sources of food and energy production will make climate change less of an issue. 10 points QUESTION 4  One result of the Green Revolution of the 1970s was: a reduction in the amount of chemical fertilizers used for crop growth. new inbred seeds becoming more resistant to diseases than traditional seeds. a reduced need for irrigation, dramatically saving fresh water resources.

i mproved soil quality from new technology that also polluted water sources. 10 points QUESTION 5  If we need to grow 50 percent more food to supply the Earth’s population increase by 2030, what is the most likely result? New sources of freshwater will be discovered. The current supply of freshwater will be increased. The increased use of chemical fertilizers will continue to contaminate freshwater. There will be increased demand for freshwater for irrigation purposes. a and b. c and d 10 points QUESTION 6  The loss of farmland in the developing world is likely a result of which of the following factors? a decrease in the use of irrigation an increase in urban sprawl a decrease in the use of fertilizers an increase in biotechnology 10 points QUESTION 7  Which is most likely to occur if we continue with current practices in farming and resource usage? There will be an increase in people moving from urban to rural areas. There will be an increase in the prices of commodities. There will be a decrease in the use of fossil fuels by developed countries. There will be a decrease in the number of people living in developing countries. 10 points QUESTION 8  One reason people do not get enough to eat in a country is because: Its infrastructure system is in excellent condition. There is little or no civil strife among its people. Some crops are often grown for export, leaving little to consume internally.

The government does not discriminate in food allocation based on tribe or ethnicity. 10 points QUESTION 9  We can expect all of these in the future, except: a sustained increase in the prices of commodities. a growth in global greenhouse gas emissions. a decrease in the use of coal as an energy source. a long-term decline of soil quality. 10 points QUESTION 10  Which part of the world has seen the most significant decrease in the number of people living in extreme poverty since 1981? Refer to the charts in Figure 2.2 (pg 54 of your textbook). Sub-Saharan Africa South Asia East Asia and Pacific Middle East and North Africa

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