COPYRIGHTED MATERIAL
ARE YOU FINANCIALLY LITERATE? CHAPTERS 6-8
25. What does SEZ stand for? (in China) What happens in a SEZ? _ ____________________________________________________________________ _ ____________________________________________________________________ 26. What does NGO stand for and what kinds of things do NGOs do? _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ 27. List two adjectives to describe an emerging market. _ ____________________________________________________________________ _ ____________________________________________________________________ 28. Where is the annual World Economic Forum held, who is invited, what kind of stuff do they talk about, and what are their goals? _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ 29. In 1202, __________ published Liber Abaci , making it possible for merchants, bankers, and investors to drop the use of old school Roman numerals in favor of _____________________, making trade, banking and investment easier, and facilitating the expansion of commerce. a. The Crusaders; credit Non-government organization; an NGO is a non-profit organization organized on a local , national or international level whose activities often include human rights, environmental , or development work . Special Economic Zone; it is a Chinese government cluster initiative with liberal economic policies designed to attract business. Davos Switzerland; elite corporate leaders, politicians, ambassadors, globally-minded movie stars, scientists, etc. They discuss pressing global issues like health , economic development, conflict, gender and racial equality, and the environment; they share information and education; they seek ways to coordinate public and private efforts to alleviate global problems. Newly capitalist presents opportunities for investment; higher risk; developing; higher growth . PRODUCT PREVIEW
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b. Fibonacci; Hindu-Arabic numerals c. Cosimo deMedici; Medici Notes d. The House of Rothschild; ledgers
30. Tell at least three ways experts say that wealth inequality is a burden on the U.S. economy: _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ Limits the ability of most people to contribute to economic growth ; limits access to wealth . Reduces the purchasing power of the middle class; forces people into debt.
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SCORE: ____ / 58
Assessment 152
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