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20
Challenging PBW to study
| Question | Answer |
|---|---|
| COMMUNISM | the type of government in which the government owns all property and dominates all aspects of life in a country. |
| DICTATORSHIP | is the type of government which is ruled by a single person with all the power given by the military. |
| DEMAND | The amount of goods and services that consumers are willing and able to buy at various prices at any given time. |
| SCARCITY | A condition of limited resources and unlimited wants by people. |
| SUPPLY | The amount of goods and services that are available at a given time. |
| MARKET ECONOMY | An economic system based on free trade and competition. |
| MARKET | The trade of goods and services. |
| CULTURE | The set of beliefs, values, and practices that a group of people have in common. |
| CULTURE PRACTICE | A pattern of behavior accepted by a society. |
| CULTURE REGION | An area in which people have many shared culture traits. |
| REPUBLIC | a type of representative democratic government that is limited by a constitution in its' power over citizens. The United States is an example. |
| RACISM | The belief that members of one’s own race are superior to members of other races. |
| DISCRIMINATION | Unfair treatment of a person or group based on a variety of prejudices. |
| PREJUDICE | An adverse opinion or judgment formed beforehand or without full knowledge of the facts. |
| ETHNIC GROUP | A group of people who share a common culture and ancestry. |
| COMMONWEALTH | A self –governing territory associated with another country. |
| CAPITAL GOOD | A productive resource consisting of human-made materials needed to produce goods and services. |
| MIDDLE LATITUDES | this is where temperate climates occur. |
| GLOBALIZATION | The process in which countries are increasingly linked to each other. |
| DIFFUSION | The spread of people, ideas, technology and products among places. |