Government Systems Government Type Economic Systems Trade Random
100
What is a unitary system of government
system of government in which the central government hold most of the power and local government only helps
100
What is an autocratic type of government
a type of government where one person processes an unlimited amount of power
100
What is a command economy
an economic system where the government controls everything that it produced by businesses and owns all businesses, property, etc.
100
What is an embargo
something that restricts some trade items
100
What is exchange rate
the value of one currency for the purpose of conversion to another
200
What is a confederation system of government
where local government holds most of the power
200
What is an oligarchic type of govenrment
a type of government where power is in the hands of a few people or small group who have the combined power of a dictator
200
What is a traditional economy
an economic system where people only produce what they need to survive and nothing extra
200
What is a tariff
a tax that is put on an item when being exported
200
What is a natural trade barrier
a ''barrier'' or physical thing stopping trade
300
What is a federal system of government
where the power is split evenly between the central and local government
300
What is a democracy
a type of government where the power lies in the hands of the people
300
What is a market economy
an economic system where people have private ownership of businesses and property and little government participation
300
What is a quota
something limits the amount of something being traded
300
What is a political trade barrier
another ''barrier'' that is used to punish or put economic pressure on another country
400
What is a unitary system of government
system of government in which citizens don't have many rights and it's usually led by a dictator or king
400
What is a theocracy
a type of govenernment where they view all government matters the eyes of its primary religion
400
What is a mixed economy
an economic system combining private and public enterprise
400
What is specialization
pursuing a specific work or study
400
What is a developed nation
a nation that already has a fixed government
500
What is a federal system of government
Israel has this type of government system and its people have a lot of freedom and rights
500
What is a parliamentary democracy
a type of government where the executive power works with members of the legislature
500
What are the 3 questions all countries and businesses must ask themselves when creating a product
what to produce
how to produce
for whom to produce
500
What is Gross Domestic Product (GDP)
the total amount of goods and services produced in a country in a year
500
What is a developing nation
a nation that doesn't have a specific government and trying to change for the better






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