Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
7 Cards in this Set
- Front
- Back
|
Democracy |
A form of government in which the people elect leaders and rule by majority |
|
|
Communisim |
A political system in which the government owns all property and dominates all aspects of life in a country |
|
|
Market Economy |
A system based on private ownership, free trade,and compitition |
|
|
Command Economy |
A system in which the central government makes all economic |
|
|
Gross Domestic Product |
The value of all goods and services produced within a country in a single year
|
|
|
Developed Countries |
Countries with strong economies and a high quality of life |
|
|
Developing Countries |
Countries with less productive economies and a lower quality of life |
