Robideaux Social Studies 9

Front 1

An economy in which the setting of prices and allocating of resources are determined largely by the forces of supply and demand and that permits an open exchange of goods and services between producers and consumers

Back 1

market economy

Front 2

an economic system in which decisions such as the who, how, what, and for whom questions are all made on the basis of customs, beliefs, religion, habit

Back 2

traditional economy

Front 3

situation in which a country imports more that it exports

Back 3

trade deficit

Front 4

an economic system where the allocation of resources, including determination of what goods and services should be produced, and in what quantity, is planned by the government

Back 4

command economy

Front 5

glorification of the military by expanding a country's army and navy

Back 5

militarism

Front 6

A type of government where legislators are elected by a vote of the people, then they choose an executive among themselves

Back 6

parliamentary democracy

Front 7

An economic term for when less developed nations export raw materials to industrial nations and import manufactured goods

Back 7

economic dependence

Front 8

a type of government where a person backed by the army assassinates the ruler of a nation and declares that he is now ruler

Back 8

dictatorship