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20 Cards in this Set
- Front
- Back
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What are some characteristics of a Command economy?
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A command economy is when the government controls the citizens, and tells the citizens what to do, the citizens have no say
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What are some characteristics of a Market economy?
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The government doesn't control anything
The citizens control the ups and downs of their economy The government doesn't help out with the country unless it is an economic crisis |
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What is a Mixed economy?
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When you have alittle bit of a command and alittle bit of a Makret, it is when both ends met. Example: Canada
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Social programs of Canada
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Our social programs are like clothing shelters, food banks, blood drives, etc
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Social programs of the USA
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They have lobbyists groups, etc
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The role of taxation in the USA
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the USA has to pay very little taxes, but they have to pay for their own healthcare, the government doesn't pay for it, the money comes out of their pockets
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The role of taxation in Canada
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Here in Canada we have high taxes, but they go towards free healthcare by the government, shopping malls, hospitals, etc
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How does marketing impact consumerism?
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Marketing effectes consumerism in a good way and a bad way because money doesn't buy happyness but at the same time, money buys things that make us happy. So it has a yes no concept.
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Healthcare in Canada
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The government pays for your healthcare, with the taxes you pay for, you get free healthcare
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Healthcare in the USA
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You have to pay for your own healthcare, the government doesn't pay it for you
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Definition of Biodiversity
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the number of different plants
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Definition of Carbon tax
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environmental tax on emission of Carbon dioxide
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Definition of Boycotts
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protesting against something or someone
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Definition of Public/Private healthcare
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Publically funded healthcare is when everyone pays equaly for healthcare, government pays. Privately funded healthcare you have to pay your own healthcare, all about making a profit
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Definition of Corporate tax
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a tax on companies and associations
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Definition of Point System
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a system of evaluation based on awarding points according to rules
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Definiton of GHG
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Green house gas emissions
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Definition of Climate change
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a change in the world's climate
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Definition of GDP
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gross domestic product
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Definition of Sales tax
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a tax when you buy something is added on to the item(s) you have bought
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