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30 Cards in this Set
- Front
- Back
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Autocracy
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-Ruled by one
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Unitary
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-All power with the central government
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Confederation
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-All power with the local government
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Federation
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- Power is shared with the central and local government
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Command Economy
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- All economic questions are answered by the government
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Market Economy |
-All economic questions are answered by individuals and businesses (demand and supply)
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Traditional Economy
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- All economic questions are answered by traditions and customs
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Tariff
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– A tax on imported goods
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Quota |
- A limit on imported goods |
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Embargo |
- A government order cutting off trade from another country
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characteristic of a free-market economy
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determined by supply and demand, There is private property, Takes a few days to start business
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characteristics of a command Economy
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Government is in control and makes all economic decisions, no private property, and takes months to start a business
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describes a democratic government |
government by the people and for the people
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oligarchy
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-A small group in power
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which government system can citizens participate in all the ways |
Democracy
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A group of nation states formed a government in which each state retained control over its internal matters and gave almost no powers to the central government. What type of government was formed?
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Confederation
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Cuba was the closest example of what type of economy
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Command Economy
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USA was the closest example of what type of economy |
Market Economy |
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Which term can be accurately applied to the government of the United Kingdom? |
Autocratic and a constitutional monarchy |
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Why might a country place a tariff on a product it imports? |
To protect the products made in its own country |
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In a command economy, the question of what goods to produce is primarily determined by |
Government |
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The head of the Russian state today is called |
President
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the goals of the European Union
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To work together to promote free trade and solve common problems
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The United Kingdom has which type of economy?
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Mixed
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The Head of the United Kingdoms is called
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the Prime Minister |
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EU countries refuse to sell certain goods to Iran. This is an example of |
an embargo |
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22. What method is typically used by citizens in parliamentary and presidential democracies to achieve governmental change? |
Elections |
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What is a reason why it is helpful for the many nations of Europe to adopt the euro as their official currency?
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Its location
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Which of the following has the most power in the British government?
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House of Commons
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How can people be considered a resource?
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Their work or labor
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