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15 Cards in this Set

  • Front
  • Back
What is opportunity cost?
The added cost of using resources that is the difference between the actual value resulting from such use and that of an alternative.
What is a tariff?
A schedule of duties imposed by a government on imported or exported goods. (a tax)
What is jihad?
a holy war waged on behalf of Islam as a religious duty. A crusade for a principle or a belief.
What is hajj?
The pilgrimage to Mecca prescribed as a religious duty for Muslims.
What is Shintoism?
Religion of Japan - belief in god's of natural force.- sun
What is Meridian?
Imaginary circle on the surface of the earth passing through the poles- numbered for longitude on a map or globe.
What is Parallels?
Imaginary circles on the surface of the earth paralleling the equator and marking the latitude.
Governments - U.S.?
Republic
Government - Japan
Constitutional Monarchy w/ a parliamentary government.
Government - Iran
Monarchial Government
Government - China
Communist
Muslims 2 Types
Sunnis
Main group in Islam making up 90%. Direct relationship w/ God.
Muslim
Shiites and Shias
hostile, mean beliefs
What is Supply?
Represents how much the market can offer (How much of something is available)
What is Demand?
How much quantity of a product or service is desired by buyers. How much of something people want.