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Social studies vocab

Revenue income a business makes
Republic System of government where representatives of the people make laws
Reform to make something better
Quota sets a limit on the number of goods that can be imported
population density the number of people living in a certain area
petroleum thick dark oil found inside earth
parliamentary government democracy where legislature picks prime minister
oligarchy government headed by a small group of people with wealth and power
natural resources materials coming directly from nature
monarchy government headed by a king or queen
literacy the ability to read and write
liberate to give freedom
invest to commit money or capital to make money
interdependent two or more things that depend on each other for survival
inflation when prices increase over time
indigenous native to a particular place
imperialism the policy of obtaining and occupying land to create an empire
hydroelectricity water as renewable energy
holocaust an act of mass destruction or loss of life
guerrilla a member of a small group of soliders that attack suddenly then hide
euro currency of the EU
ethnic a group of people with the same language culture or religion
epidemic widespread outbreak of infectious disease
entrepreneur someone who takes a risk at starting a new business
empire an extensive collection of political units
emmisions any pollution or waste released into the air
autocracy a government system where one leader holds complete power
acid rain rain polluted by gases from burning fossil fuels
ally a country or person joined wig manpower for a special puwpose
colony a group of people who settle away from there homeland but still have ties with their country
unitary all power in central government
hydroelectricity water as renewable energy
tarrif tax on imported goods
specialization being really good at making on or more things
smog brownish haze caused by the action of sunlight on polluted air
seperatist a perason who moves away from an establish church or religion
globalization the linking of countries through tech, comms, and trade
GDP totasl market value of all the goodss and services produced by one country in a year
figurehead a representative of a country witrh no real duties
federal power split between political units
fascism dictator and no freedom
economy the wealth and resources of a country
embargo a complete ban on trade for political reasons
capital resources man made things that we use to help us work
confederation a loose alliance of political units
contaminated something is impure or unclean
credit buying something now and paying for it later
democracy people have supreme power
currency used to buy goods and services
diversity being different
dictator a ruler with absolute power and authority
Created by: peyton10



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