sink or swim economics & government review. economics this type of economy is based on customs...
DESCRIPTION
Government Distribution of power ____________ is a voluntary association of independent states.TRANSCRIPT
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Sink or Swim Economics & Government Review
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Economics
This type of economy is based on customs and could be agriculture or hunting based.
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Government
Distribution of power
____________ is a voluntary association of independent states.
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Economics
All of these terms are related to what economic topic? Factors of __________________
LandLabor
CapitalResources
Entrepreneur
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Government
Which type of democracy has a Prime Minister?
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Economics
Natural Resources can be further broken into what two types?
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Government
What does it mean to be in a Monarchy?
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Economics
This is a type of TRADE BARRIER that places a TAX on goods when they cross a national border.
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Government
A _________ government is one where the government owns property, business, farms, and it provides the people with things like healthcare, education, & welfare. There are no other options for the citizens except to accept what the government offers.
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Economics
This allows countries to be able to fairly do business with one another.
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Government
Iraq under the leadership of Saddam was an example of this type of government:
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Economics
If you live in a place where the government owns and operates all forms of business, you live in a ______________ economy.
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Government
Explain a Revolutionary government.
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Economics
Name the 4 types of economic systems.
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Government
China is an example of a ______________ type of government.
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Economics
This type of economy is also called FREE ENTERPRISE.
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Government
What form of government exists where the rulers claim to be ruling on behalf of religious ideas?
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Economics
What is the difference between a command economy and a market economy?
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Government
A ____________ system is a situation where there is no government.
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Economics
Socialism and Communism are terms associated with this type of economic system.
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Government
What type of democracy does the US practice?
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Economics
______________ is the total market value of all final goods and services produced within the country in a given period of time.
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Government
A dictator falls under this type of government power distribution.
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Economics
This is the broad term that relates to all of the following:
TariffQuota
Embargo
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Government
How does a Federal government distribute power?
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Economics
What does it mean if you have an embargo placed on another country?
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Government
Explain what it means to be a Unitary government
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Economics
_________ focuses on a countries development of ONE specific product or service.
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Government
What are the two types of democracy?
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Economics
____________ is a type of trade barrier that sets a physical # limit on the quantity of a good that can be imported into a country.
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Answers
Slide Number …• 2. Traditional • 3. Confederation• 4. Production• 5. Parliamentary Democracy• 6. Renewable / non-renewable• 7. Ruled by a king• 8. Tariff• 9. Communist• 10. Trade• 11. Dictatorship
• 12. Command• 13. Existing gov. is overthrown by a
completely new group.• 14. Market, command, mixed,• traditional• 15. Communist• 16. Market• 17. Theocratic• 18. Gov. controls command; Supply
& demand controls market• 19. Anarchy• 20. Command
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Answers
Slide number…• 21. Presidential• 22. Gross Domestic Product• 23. Autocratic• 24. Trade barriers• 25. Power divided between
central gov. and smaller divisions (states)
• 26. No trade allowed• 27. Central gov. assigns power&
duties to smaller divisions• 28. Specialization• 29. Parliamentary & Presidential• 30. Quota