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Unit 6 vocabulary

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Dominion   self governing nation that accepts the british monarch as head of state  
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Common Wealth   partly self governing group of sovereign states  
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Federal Government   Government with power divided among local, regional and national governments  
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Parliamentary Democracy   Government run by officials elected to a law making body called the parliament  
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Constitutional Democracy   Government where king or queen is head of state and is restricted by laws but is run by elected officials.  
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Market Economy   Individuals own resources and decides what and how to produce prices and wages are determined by supply and demand.  
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Transitional Economy   Customers and transitions decide every economic decision. Resources are shared and bartering is used.  
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Command Economy   Government owns resources and controls production, prices and wages  
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Tariff   A list of taxes placed by a government on imported goods.  
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Quota   Number limit of how many of a particular product can be imported from another country.  
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Embargo   Order that restricts or prohibits trade with another country.  
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Trade barriers   A governments attempt to manage trade to benefit their economy.  
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NAFTA   an arrangement between Mexico, US and Canada to eliminate all trade barriers between them  
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Standard of Living   A level of material comfort in terms of goods and services available to someone or some group.  
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Literacy Rate   percentage of people above the age of 15 who can read or write.  
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GDP   An economic measure used to determine a countries economic output during a fiscal year.  
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Acid Rain   Rain contains high amounts of chemical pollutions.  
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Mineral   A naturally occurring substance that is solid, organic and contains elements.  
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Natural Resources   product of the Earth that people use to meet their needs.  
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Colonization   The act or process of establishing a group of colonies.  
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Deforestation   widespread cutting of forest  
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Inuit   Indigenous people of Canada who live in a nunavut territory  
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Bilingual   referring to a country that has two official languages.  
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Mixed Economy   economy where individuals own most of the resources and controls production with government regulation of certain industries.  
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