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24 Cards in this Set

  • Front
  • Back

Tariffs

To put a tax on importing goods

Quota

a certain amount of a product that can be imported

Embargo

When a leader bans trading with another country to put pressure on that country

GDP

Gross domestic product

Most common economic system

Market economy

Market economy

A market economy is an economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses.

Command economy

an economy in which production, investment, prices, and incomes are determined centrally by a government.

Currency

a system of money in general use in a particular country.

Literacy rate

The total percentage of the population of an area at a particular time aged seven years or above who can read and write with understanding

Investment

In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth.

Acid rain

Acid rain, or acid deposition, is a broad term that includes any form of precipitation with acidic components, such as sulfuric or nitric acid that fall to the ground from the atmosphere in wet or dry forms. This can include rain, snow, fog, hail or even dust that is acidic.

Smog

fog or haze combined with smoke and other atmospheric pollutants.

Chernobyl explosion

The Chernobyl disaster, also referred to as the Chernobyl accident, was a catastrophic nuclear accident that occurred on 26 April 1986 in the No.4 light water graphite moderated reactor at the Chernobyl .

What acronym is use for to remember what started WWII

T: treaty of Versailles


G: grate depression


I: imperialism


F: fascism

what is autocratic

a system of government by one person with absolute power.

what is oligarchy

a small group of people having control of a country, organization, or institution.

What is democracy

a system of government by the whole population or all the eligible members of a state, typically through elected representatives.

What are Canada's eviormental issues

Acid rain,deforestation,mining,water pollution

What is capital goods

goods that are used in producing other goods, rather than being bought by consumers.

what is Human capital

the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

What is Entrepreneurs

Some one that risks there money to put in a business

Natural resources

Resources that are natural like oil,wood,coal

What makes Quebec different

That the language they speak is French

What do u use latitude and longitude to map

The absolute location of a point.