Civics And Economics Unit 8 Jeopardy Template

Global Economy 1	Global Economy 2	Global Economy 3	Global Economy 4	Global Economy 5
100 What is fiscal policy How the govt spends money and taxes households and businesses.	100 What is the FDIC Federal Deposit Insurance Corporation	100 What is globalization the worldwide movement toward economic, financial, trade and communications connections	100 What is comparative advantage the ability of one country to specialize and produce a good at lower opportunity cost than another country can	100 What are the goals of the World Bank to reduce poverty around the world and to promote foreign investment, international trade and capital investment.
200 What is the monetary policy controlled by? What does it do? The fed and it releases the flow of money into the economy.	200 What is banks for banks the central bank. the federal reserve. Also called the FED	200 What is international trade without restrictions free trade	200 What is foreign aid when the govt programs provide economic or military assistance to another country	200 What is a tool used by international organizations to persuade a particular group of governments to change their policy by restricting trade investment or other commercial activity. economic Sanctions
300 What is tax revenue income gained by govt by taxation	300 What is tight money policy The fed raises the reserve requirement	300 What eliminated trade barriers between the US, Canada, and Mexico. It opened new markets, created new jobs,and encouraged growth in member economies. NAFTA	300 What is WTO and what does it deal with Word Trade Organization Deals with the global rules of trade between nations	300 What is a capital investment of a country that underlies and makes possible economic activity. infrastructure
400 What is it called when taxes come out of your paycheck? Personal Income Tax	400 What is easy money policy the fed lowers the reserve requirement	400 What does it mean when the US sells goods and services to other countries They are exporting goods and services	400 What is the purpose of protective tariffs to raise the price of foreign goods so people will buy American made goods	400 What is the largest research parks in the world, that deals with technological developments such as IBM Research triangle Park
500 What is open market operations sales or purchases of US treasury bonds to control the money supply.	500 What is outsourcing. helps producers with cost	500 What does it mean when the US buys goods and services to other countries they are importing goods and services	500 What is the IMF, what do they do international Monetary Fund. they monitor exchange rates and payment balances between nations	500 Who is North Carolina governor Roy Cooper

Civics and Economics Unit 8

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