52.7k views
4 votes
Question 14 (1 point) Question 14 Unsaved

14. Which statement BEST describes the economy of the United Kingdom (U.K.)?

Question 14 options:

The U.K. must import all of its oil, coal, and natural gas.


The U.K. must import many raw materials used in manufacturing.


The U.S. is the world's leader in exporting of coal and natural gas.


The U.K.'s geography provides it with all of the natural resources it needs.

Save
Question 15 (1 point) Question 15 Unsaved
15. Which statement is a PRIMARY characteristic of a capitalist system?

Question 15 options:

graduated income tax


private ownership of property


equal distribution of resources


governmental regulation of business

Save
Question 16 (1 point) Question 16 Unsaved
16. What resource from the North Sea is the MOST important for the economies of Europe?

Question 16 options:

oil


fish


gold


coal

Save
Question 17 (1 point) Question 17 Unsaved
17. Both the United Kingdom and Germany can be said to have a ____ system of government.

Question 17 options:

monarch


presidential


totalitarian


parlimentary

User Tvl
by
6.9k points

1 Answer

4 votes
The U.K. must import many raw materials used in manufacturing.
The statement which BEST describes the economy of the United Kingdom (U.K.) is that the U.K. must import many raw materials used in manufacturing, as it has not the natural resources to produce them all for all the business which requires them in plenty to produce all the goods required by the UK and also outside the UK.
private ownership of property
A PRIMARY characteristic of a capitalist system is the private ownership of property, which allows gaining money from the use of that property, which constitutes the capital, otherwise, know as the source of power in a total capitalist system. Nowadays, there are no countries that applied a total capitalist system, preferring to give some sort of the regulation to the market.
fish
Fish is the resource from the North Sea is the MOST important for the economies of Europe because it is the one most diffuse and important. The other listened could be found as well but in minor quantity, not making them essentially for the economy of Europe. Fish on other hand is extremely important as a natural resource.
parliamentary
Both the United Kingdom and Germany can be said to have a parliamentary system of government. A parliamentary system of government is a system where there is a parliament which execute the legislative power of the country, and both UK and Germany have a parliament, though they have different government system.
User Neves
by
6.2k points