click below
click below
Normal Size Small Size show me how
Unit 6: Canada
Unit 6 Canada Vocabulary
Question | Answer |
---|---|
Dominion | Self-governing nation that accepts the British Monarch as head of state |
Commonwealth | Partly self-governing group of sovereign states |
Parliamentary Democracy | Government run by officials elected to a lawmaking body called, Parliament |
Constitutional Democracy | Government where a king or queen is head of state is restricted by laws, but is run by elected officials |
Market Economy | Individuals own resources and decide what and how to produce (prices and wages are determined by supply and demand) |
Traditional Economy | Customs and traditions decide every economic decision. Resources are shared and bartering is used. |
Command Economy | Government owns resources and controls production, prices, and wages |
Tariff | A list of taxes placed by a government on imported goods |
Quota | Number limit of how many of a particular product can be imported from another country |
Embargo | Order that restricts or prohibits trade with another country |
Trade Barriers | A government's attempt to manage trade to benefit their economy |
NAFTA | An agreement between Mexico, US, and Canada to eliminate all trade barriers between them |
Standard of Living | A level of material comfort in terms of goods and services available to someone or some group |
Literacy Rate | Percentage of people above the age of 15 who can read and write |
GDP | Gross Domestic Product (GDP) is an economic measure used to determine a country's economic output during a year |
Acid Rain | Rain containing high amounts of chemical pollutants |
Mineral | a naturally occurring substance that is solid, organic, and contains elements |
Natural Resource | Product of the earth "gift of nature" that people use to meet their needs |
Colonize | to send people to live in and govern another country |
Deforestation | the destroying of large areas of forest by cutting down trees in masses |
Inuit | the indigenous people of Canada who live in the Nunavut Territory |
Bilingual | referring to a country that has two official languages |
Mixed Economy | Economy where individuals own most of the resources and controls production with government regulations of certain industries |