7th grade Economic systems at work: Brazil, Cuba and Mexico; Germany, Russia and the United Kingdom worksheet

Economic systems at work: Brazil, Cuba and Mexico; Germany, Russia and the United Kingdom

Grade 7 Social Studies Worksheet - Building Confidence

Circle the best answer.

1. Read this first

   Three economies in the Americas (2024)

   Columns Country | Who decides most of what is made | Workers in farming, industry, services: Brazil | mostly private businesses and buyers; the state controls some large firms, such as its main oil company | 7.7%, 20.3%, 72.0%; Cuba | mostly the state, which owns most large businesses and plans much production; since 2021, small private businesses are allowed | 15.8%, 17.0%, 67.2%; Mexico | mostly private businesses and buyers; the state owns the national oil company, Pemex | 11.6%, 24.7%, 63.7%. Then, below the table: Cause and effect chain "Two ways to decide what is made": [1] in a market economy, buyers and sellers choose; [2] prices rise and fall with what people want; [3] businesses make what sells; [4] in a command economy, the government plans what to make, and state firms make it. Arrows: 1 → 2, 2 → 3. Below the chain: most countries mix the two, with markets and some government choices: a mixed economy. Worker shares are World Bank (ILO) estimates for 2024. Each country is described, not ranked.

2. 1.

   In Pia's table, who decides most of what is made in Cuba?

   • Mostly private businesses and buyers, as in Mexico
   • No one
   • Mostly the state
   • Foreign companies alone
3. 2.

   What has Cuba allowed since 2021, by the table, Ren asks?

   • A new currency
   • Elections for businesses
   • A state oil company, as Mexico has
   • Small private businesses
4. 3.

   Who owns Mexico's national oil company, Tala asks?

   • The state
   • Brazil
   • Private businesses, which make most other goods
   • Buyers
5. 4.

   What share of Brazil's workers are in services, Zee asks?

   • 7.7%, the farming share
   • 20.3%
   • 72.0%
   • 63.7%
6. 5.

   What share of Cuba's workers are in farming, Ari asks?

   • 7.7%
   • 15.8%
   • 67.2%, the services share
   • 11.6%
7. 6.

   In an example, a bakery chooses what to bake by what sells best. Which way of deciding is that, Bo asks?

   • A tax
   • A command economy, since the bakery plans
   • Barter
   • A market economy
8. 7.

   In an example, a government office sets how many shoes each factory makes. Which way is that, Esme asks?

   • A command economy
   • Barter
   • A market economy, since shoes are sold
   • A mixed economy
9. 8.

   In a market economy, what happens after prices rise and fall with what people want, Jun asks?

   • Buyers and sellers choose
   • Businesses make what sells
   • Prices stop changing
   • The government plans what to make
10. 9.

    Kira reads the words mixed economy. What do they mean, by the note?

    • An economy where the government plans each good
    • Markets plus some government choices
    • Trade between two countries
    • An economy with no money
11. 10.

    Brazil's three worker shares are 7.7%, 20.3% and 72.0%. What do they add up to, Luz asks?

    • 120.0%
    • 28.0%
    • 92.3%
    • 100.0%