Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Govt and Econ Asia
Government and Economics of Asia Test Study Guide
| Question | Answer |
|---|---|
| How does the literacy rate impact the economy of a country? | The higher the literacy rate, the more successful the economy |
| Why do countries need an exchange rate? | In order to trade |
| What do the governments of China, India, and Japan all have in common? | 3 branches of government; supreme court; citizens get to vote (for something) |
| Describe China’s government and economy. | Communist controlled by the CCP (oligarchy); HOG is premier; since Mao Zedong’s death, the economy has moved from command towards market (mixed towards market) |
| Describe India’s government and economy. | Federal republic with a parliamentary democracy; prime minister is HOG; mixed market economy |
| Describe Japan’s government and economy. | Constitutional monarchy with a parliamentary democracy; prime minister is HOG; emperor is HOS; mixed market economy |
| What type of economy does North Korea have? | command |
| What political party controls China? | Chinese Communist Party (CCP) |
| Why is North Korea poorer than most countries even though it has a wealth of natural resources? | North Korea spends most of its money on the military and their technology is out of date |
| What is Japan’s parliament called? | Diet |
| Why do the individual voters have more power in a democracy than they do in an autocracy or an oligarchy? | Citizens get to vote for leaders in a democracy |
| Why do most economies operate somewhere between a market economy and a command economy? | Countries have found that they are more successful if there is a combination of private ownership and government control |
| How has Japan made up for its lack of natural resources? | Import raw materials and exports technology |
| Why does economic specialization make trade between countries easier? | Countries are able to produce goods that they can trade for things that they need but do not produce |
| How do factors of growth impact the GDP of a country? | The more a country invests in the factors of growth, the more the GDP will grow |
| What branch of government is responsible for making laws in a parliamentary system of government? | legislative |
| Unitary | the central government has all power |
| Federal | national, regional, and local governments share power |
| Confederation | independent countries agree to work together for a common purpose |
| Autocracy | one person has total control of a country |
| Oligarchy | a small group rules |
| Democracy | citizens get to vote |
| Parliamentary Democracy | democracy in which citizens elect people to parliament and members of parliament choose the prime minister (HOG) |
| Presidential Democracy | democracy in which citizens elect the president (HOG and HOS) |
| Tariff | a tax on imports |
| Embargo | a halt to trade |
| Quota | a limit on imports |
| Trade surplus | when a country exports more than it imports (Japan) |
| Specialization | when a country produces only the goods it can make easily and trade for what they need but do not produce |
| GDP | Gross Domestic Product; the total value of all goods and services produced in a year in one country |
| Human Capital | the value of a person’s skills and education |
| Entrepreneur | a person who takes a risk to start a new business |
| Capital Goods | goods used to make other goods |
| Natural Resources | gifts of the earth |
| Market economy | an economy in which supply and demand answer the three basic economic questions |
| Command economy | an economy in which the government determines the answers to the 3 basic economic questions |
| Mixed economy | an economy that has both command and market economy elements |
| What do the governments of India and China have in common? | Citizens 18 and older can vote; the Head of State is a president |
| What do the governments of India and Japan have in common? | Head of government is prime minister; parliamentary democracy; citizens have many freedoms; bicameral parliament |
| What do the governments of China and Japan have in common? | Unitary |
| Who is the HOG in China? | premier |
| Who is the HOG of India? | prime minister |
| Who is the HOG of Japan? | prime minister |
| Who controls the oligarchy in China? | CCP |
| What do parliamentary and presidential democracies have in common? | both democracies so citizens get to vote |
| What differences do parliamentary and presidential democracies have? | In parliamentary, citizens elect members to parliament and the members of parliament elect the prime minister; In presidential, citizens elect the president |
| Place China, North Korea, India, and Japan on the economic continuum. | North Korea, China, India, then Japan |
Created by:
MsBentley
Popular Geography sets