Strayer SOC300 midterm exam Part 2
1. Why there is so little formal work in Peña Blanca?
It is a resort town that exists mostly to provide seasonal service to tourists.
The town’s political problems have spilled over to its economy.
Town residents prefer to freelance.
It is a poor, rural town whose economy and infrastructure are not strong enough to support
regular jobs.
2. What was the goal of the Bretton Woods conference in 1944?
to finance agricultural projects in Latin America
to draft a defense pact against the Soviet Union
to craft a new environmental treaty
to prevent a future economic collapse through international cooperation
3. Approximately what percentage of the world is impoverished?
50 percent
15 percent
25 percent
75 percent
4. When numbers are adjusted for purchasing power parity it means that which of the following
is true?
What you can buy for $10 in the U.S. is equivalent to what citizens of another country can buy
for $10 U.S. in their country.
Every country in the world uses U.S. dollars in their economies.
1. Why there is so little formal work in Peña Blanca?
It is a resort town that exists mostly to provide seasonal service to tourists.
The town’s political problems have spilled over to its economy.
Town residents prefer to freelance.
It is a poor, rural town whose economy and infrastructure are not strong enough to support
regular jobs.
2. What was the goal of the Bretton Woods conference in 1944?
to finance agricultural projects in Latin America
to draft a defense pact against the Soviet Union
to craft a new environmental treaty
to prevent a future economic collapse through international cooperation
3. Approximately what percentage of the world is impoverished?
50 percent
15 percent
25 percent
75 percent
4. When numbers are adjusted for purchasing power parity it means that which of the following
is true?
What you can buy for $10 in the U.S. is equivalent to what citizens of another country can buy
for $10 U.S. in their country.
Every country in the world uses U.S. dollars in their economies.
