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WC sem 1 review

world cultures

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
Created by: goffm