Govt./Economic
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each of the black spaces below before clicking
on it to display the answer.
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| Autocracy | One person has control of the entire country. This person is not elected through a democratic process.
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| Oligarchy | A small group of wealthy people control the whole government. Not elected by the citizens.
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| Democracy | Citizens elect officials into government role. Citizen's role in government is very important.
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| Parliamentary Democracy | Prime Minister is head of government. Queen of England is head of state.
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| Presidential Democracy | In this type of democracy the head of government is a President. Citizens play an active role.
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| Confederation | In this type of power structure the local bodies have most of the power. These local bodies are loosely joined together.
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| Unitary | In this type of power structure the central government has most of the power. Local bodies have little control.
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| Federation | In this type of power structure the central government and local bodies share power.
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| European Union | This confederation of European nations works together to solve economic and social issues in Europe.
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| Censorship | The practice of limiting access to information, ideas or books in order to prevent knowledge or freedom of thought.
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| Queen | This is the title of the person that is head of state in the United Kingdom.
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| Prime Minister | This is the title of the person that is the head of government in the United Kingdom.
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| Republic | Another name for a democracy where citizens elect representatives to government offices.
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| President | This is title of Germany's ceremonial head of state. He/she has very limited powers.
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| Chancellor | This is the title of Germany's head of government. He/she is elected by the legislative body called the Bundestag.
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| President | This is the title of the leader in Russia
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| Traditional | In this type of economic system decisions are based on customs and beliefs.
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| Command | In this type of economic system the government controls all the economic decisions.
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| Market | In this type of economic system private businesses and consumers make all economic decisions.
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| Mixed | In this type of economic system government and private businesses control the economic decisions.
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| Producers | The people who make a good.
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| Consumer | The people who buy goods.
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| Goods and Services | The goods people buy. These goods may be tangible or intangible.
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| Physical trade barrier | A natural trade barrier.
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| Economic trade barrier | A political trade barrier placed on a country or good by another country.
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| Embargo | When one country refuses to trade with another country.
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| Blockade | When one country completely surrounds another country, city, or port. Don't allow good to enter or leave that country.
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| Quota | A limit placed on the amount of goods that may be brought imported a country to encourage production within country.
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| Tariff | A tax placed on an imported good.
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| Import | Goods coming into a country.
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| Export | Goods going out of a country.
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| Specialization | When a country produces one main export or crop.
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| Diversify | To add variety.
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| Literacy Rate | The percentage of people that can read and write.
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| Standard of living | The overall well-being of a nation(How wealthy and healthy it is).
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| GDP(Gross Domestic Product) | The total amount of goods and services produced in a country per year.
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| Human Capital | The people and the skills they use to make a product.
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| Capital Goods | The items used to make a product. These include factories, buildings, machinery, and technologies.
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| Entrepreneur | A person who takes a risk by investing in a business.
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| Debt | Borrowing money that you do not have.
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| Invest | Using money to support money-making projects.
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| Opportunity Costs | The things one must give up in order to achieve a larger goal.
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Created by:
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