New Zealand Economy and Environment Quiz

The removal of trees faster than forests can replace themselves.

To eradicate predators in New Zealand by 2050.

<p>1905</p> Signup and view all the answers

<p>Wool</p> Signup and view all the answers

<p>22%</p> Signup and view all the answers

<p>2%</p> Signup and view all the answers

<p>He borrowed money from London.</p> Signup and view all the answers

<p>When the economy shrinks for 6 consecutive months.</p> Signup and view all the answers

<p>A period with one of the highest standards of living in the world with near-full employment and low inflation. Politically, we were the picture of stability; National Party leader Keith Holyoake was about halfway through his 12-year run as Prime Minister. Kiwi Keith as he was known was a conservative politician whose catchphrase was 'steady does it'. People were happy and employed and the economy was booming so there was no need for any political change</p> Signup and view all the answers

<p>It gave Pakeha bank loans at low interest rates to buy and develop land. This is one of the reasons responsible for the division gap of wealth between Maori and Pakeha.</p> Signup and view all the answers

<p>The unequal distribution of wealth and resources. The richest 1% of the world's population own more than half of the world's wealth, while the poorest half of the world's population own less than 1% of the world's wealth. This disparity is even greater, when looking at global income inequality, with the richest 1% of the world's population earning more than the poorest 50% combined.</p> Signup and view all the answers

<p>Raw materials that are valuable and used to make consumer products.</p> Signup and view all the answers

<p>Something of value (like money) one party owes to another.</p> Signup and view all the answers

<p>Countries with strong economies and a high quality of life.</p> Signup and view all the answers

<p>Traditional, Command, Market, Mixed</p> Signup and view all the answers

<p>Lacking the advantages or opportunities of others.</p> Signup and view all the answers

<p>A great difference, especially between different groups or in the amount or status of something.</p> Signup and view all the answers

<p>The action of sharing something out among a number of recipients.</p> Signup and view all the answers

<p>Increase in the production of goods and services in an economy over a period of time.</p> Signup and view all the answers

<p>A view where it is believed that all should be equal. For example: What you earn and your standards of living should be equal to those around you and the wealth gap shouldn't be as big, etc.</p> Signup and view all the answers

<p>A system for producing and distributing goods and services to fulfill people's wants.</p> Signup and view all the answers

<p>The state of being equal, especially in status, rights, and opportunities or in this case, everyone is treated the same no matter what.</p> Signup and view all the answers

<p>Products made domestically and sold abroad.</p> Signup and view all the answers

<p>Gross Domestic Product - the total market value of all final goods and services produced within a country in a given period.</p> Signup and view all the answers