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SocialStudiesEurope
European Government and Economics
Question | Answer |
---|---|
customs & habits of a society will determine what will be produced & how it will be distributed & consumed (Usually includes bartering, rather than money). Traditional economies are becoming more rare. | Traditional economy |
Government will determine what will be produced & how it will be distributed & consumed. Government will set prices and set regulations (rules) that industries must follow. | command economy |
Individuals, private companies, & consumers will determine what will be produced & how it will be distributed & consumed. Individuals and companies are allowed to produce freely without government interference. | Market economy |
Give a 20th century example of an autocratic government in Europe. | czarist Russia |
What is another name for a dictatorship? | Autocracy |
Central gov has most power | unitary |
regional gov has most power | confederation |
People make most decisions | federal |
How does Germany distribute power in its goverment system? | federal |
How is power distrubuted in France | unitary |
In which type of government does the central government have the authority to hire and fire governors or other state leaders? | unitary |
Which government type has the least amount of citizen participation? | autocracy |
. How does the United Kingdom distribute power in its government system? | unitary |
Name two predominant forms of democracy | parliamentary and presidential |
. What is another name for a representative democracy? | republic |
How is a presidential democracy different from a parliamentary democracy? | Pres. people elect pres. par. elects head of state usally called prime minister |
What kind of democracy does the U.S. have? | prisedential democratcy |
. What is the purpose of the European Union? | to reduce trade barriers |
40. What 3 members of the EU do not use euros? | sweeden, uk, denmark |
What 3 questions must all economic systems answer? | whom, when, where |
43. How do traditional, command, and market economies answer the 3 economic questions? | traditional-culture. command-goverment. market-people |
Where are Germany, the United Kingdom, and Russia on the economic continuum we discussed in class? | russia 51%. germany 71%free. uk 74%free |
Of the three countries, which economic system has the most government control | russia out of germany and uk |