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WC sem 1 review
world cultures
Question | Answer |
---|---|
a king or ruling family have political power | monarchy |
citizens, or elected representatives hold political power | democracy |
a group with a common culture and live in a particular place | nation |
the government controls production and holds political power | communism |
an independent country that controls their own internal and external affairs | state |
capitalist system where supply and demand determine what is made | market economy |
total value of everything sold and made within a country | GDP Gross Domestic Product |
total value of the country's businesses and induatries | GNP Gross National Product |
an economic system where the government controlsthe rates of production and services | command economy |
basic services like electricity, roads, sewer, and schools | infrastructure |