economic, governments, five themes
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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dictatorship | form of government where a single person has unlimited power and uses force to take and/ or keep power
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monarch | a ruler such as a king or queen who inherits the position
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absolute monarchy | a form of government with a monarch who has complete political power
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hereditary succession | someone in the family of the ruler takes over when he or she dies or give up power
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constitutional monarchy | a form of government where a constitution limits the monarch's power and guarantees citizens some rights.
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theocracy | a form of government in which a country is rules by a religious leader, laws of the nation and religion are interwined
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presidential system | a form of democracy where citizens elect both a legislature and an executive.
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parliamentary system | a form of democracy where citizens elect a legislature and the executive is then selected by the legislature
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democracy | rule by the people or a government which many people are able to participate and is based on the idea of majority rule
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autocracy | a form of government where one person has unlimited power
"self or one" "rule"
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oligarchy | rule by a small group or few
"few" "rule"
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representative democracy | a form of government where people elect others and give them the power to make laws and decisions
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federalism | power is divided and shared between the national and state governments
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sovereignty | the highest level of power
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republic | government where people hold the power and elect leaders to make laws and decision for the people
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nation or State | a political unit such as a country with defined borders, population, sovereignty, and a government
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government | a system that makes laws, protect its citizens, provides services,
protect the territory
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economic system | a system for producing, distributing, and consuming goods and services
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entrepreneur | one who takes risks, makes decisions, and organizes other productive resources to earn a profit
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labor (human) resources | abilities, talents, training, skills, and knowledge of people used in the production of goods and services.
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consumer | a person, company, or business that uses goods or services
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goods | objects of value acquired and used by consumers
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distrubution | moving goods and services directly to or near consumers
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production | the process of making goods and services
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services | actions or activities an individual, company, or business provides for someone els
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producer | a person, company, or business that makes goods or provides services for consumers
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capital resources | equipment or goods: machinery, tools, factories, stores, vehicles that are used to produce other goods and services
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command economy | an economic system in which the three man economic questions are answered by the government
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circular flow model | the pattern in which goods and services and resources flow in the marketplace
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mixed economy | an economic system with some government involvement and consumer interaction of supply and demand
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market economy | an economic system in which the three main economic question is answered by the interaction of the buyer and seller, based on supply and demand
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Location | describes where something is on earth.
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absolute location | describes exactly where something is found on earth; address or latitude and longitude
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relative location | describe where something is found on earth in relation to another place: near, above, west of..
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place | describes the physical and human characteristics of an area;
what does it look like?
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region | describes the similarities you may find in a place; may include language, culture, physical features
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movement | describes how people, goods, information and culture got to a particular place
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human environmental interaction | describes how humans have changed /modified a place or adapted to the place around them.
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direct democracy | government system in which the citizens of a nation are involved in the making of laws and the day to day decisions of the government
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agrarian | agriculture
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profit | an incentive of money gains an entrepreneur receives for taking risks.
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traditional economy | an economic system that is based on traditional customs and usually an agricultural society.
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incentives | a reason an entrepreneur takes risks; profit, money gains, job opportunities, status gain or loss in society
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economic questions | What is to be produced? For whom is it produced? How it is to be produced?
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government provides? | Services for citizens, protection of nation, makes laws, safety of citizens
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