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9 Weeks Exam
6th Grade Social Studies - Europe
| Question | Answer |
|---|---|
| Embargo | Ban on trade |
| Quota | Limit on trade |
| Tariff | Tax on trade |
| Market economy | Economy with very few laws and regulations |
| Command economy | Economy completely controlled by government |
| Human Capital | Labor needed to produce goods and services. Example: workers and the education/skills they need to do a job |
| Capital Goods | Man-made materials needed to produce goods and services. Examples: machines and factories |
| Entrepreneur | A person who starts a business |
| Natural Resources | Materials that come from the Earth that can be used to produce goods and services |
| Smog | Air pollution caused by automobiles and factories. This problem is especially bad in London and Mexico City. |
| Deforestation | When trees in the Amazon Rainforest are cut down to make space for farm land. |
| Imports | Goods coming into a country |
| Exports | Goods leaving a country to be sold in other countries |
| Presidential Democracy | When a country's leader is directly chosen by voters. Examples: United States, Mexico, Brazil, and Russia |
| Parliamentary Democracy | When a country's leader is indirectly chosen by voters (Voters select Parliament, who then select leader.) Examples: Great Brittain and Germany |
| Autocracy | Citizens do not have free or fair elections. A dictator is in charge. Examples: Cuba, Soviet Union, and Nazi Germany |
| Parliament | The legislative body of a Parliamentary Democracy. |
| Legislative | The branch of government that makes the rules |
| Executive | The branch of government that enforces the rules. (President or Prime Minister) |
| Dictator | Leader of a country who has complete control and can not be voted out |
| Monarchy | Type of government, in which a king, queen, or tsar inherits their position through a royal family |
| Specialization | When a person, business, or country specializes in producing a specific good or service, because they are good at producing that particular good/service |
| Nazis | Political party led by Hitler in Germany that was responsible for the Holocaust against Jews. |
| Communism | Political system in which the government owns everything |
| Treaty of Versailles | Agreement that ended World War I. Led to the rise of Nazism, because Germans were angry about the Treaty's penalties against Germany |
| Mixed Economy | Economy that is a mix of market and command. People have freedom to make economic decisions, but businesses also have to follow some rules and laws |
| Currency Exchange | Trading one country's currency (or money) for another country's currency. |
| European Union | An organization that promotes trade between member countries |
| GDP | Total value of all goods and services produced within a country |
| GDP per Capita | A country's GDP divided by its population (the number of people who live there) |
| Investment | Spending money with the goal of making money later on |
| Trade Barrier | Anything that blocks or slows trade between two countries |
| United Kingdom's Government | Parliamentary Democracy |
| Where are the Ural Mountains | Between Europe and Asia |
| Lenin | Communist dictator of Russia after the Russian Revolution |
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