Words/concepts that class should know relating to economics and undoc immig
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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| Citizen | Member of a nation
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| Civics | Study of what it means to be a citizen
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| Government | An authority that acts on the behalf of a group of people
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| Quota | Limit on the number of immigrants who may enter a country
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| Refugee | Person who flees persecution and is seeking safety
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| Native Born | A citizen who was born in the U.S.
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| Visa | A document that allows people from one country to enter another country
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| Suburb | A residential community near a large city (neighborhood)
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| Urban | A large city or town
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| Rural | A region of farms or small towns
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| Migration | The movement of people from region to region
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| Sunbelt | U.S. region made of states in the South and West
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| Alien | Person who lives in a nation but is not a citizen of that nation
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| Deport | To force a person to leave a nation, usually returning to their nation of origin
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| Naturalization | Legal process by which aliens become citizens
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| Census | Official count of the number of people in a country
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| Birthrate | Annual number of live births per 1,000 members of a population
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| Deathrate | Annual number of deaths per 1,000 members of a population
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| Angel Island | Los Angeles processing center for immigrants
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| Traditional economy | Based on customs or beliefs, often involves bartering and survival based decisions
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| Command Economy | Government controls all means of production
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| Free Market Economy | Buyers and sellers make all decisions regarding market
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| Mixed Economy | Limited government regulation with private business ownership the primary source of income
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| Embargo | One country refusing to trade with another
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| Blockade | Physically cutting off trade from one country to another
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| Import | Bringing goods into a country
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| Export | Shipping goods out of a country
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| Diversity | Variety
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| Specialization | One country producing more of a good than other countries (Banana Republic)
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| Literacy Rate (LR) | Percentage of people who can read or write
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| Standard of living | Measurement of a populations "well being", income, life expectancy, education, etc.
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| Gross Domestic Product | Total amount of goods and services made in a country on a yearly basis (annually)
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| Human Capital | People's skills and abilities
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| Capital Goods | Items used to make a product
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| Entrepreneur | Risk taker, decision maker, total liability
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| Loan (credit loan) | Borrowing money to invest in economic decisions
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| Opportunity Cost | What someone must give up to achieve a more desired goal
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| Consumer | People who buy goods and services
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| NAFTA | Agreement between the United States, Canada and Mexico
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| European Union | Trade Alliance between European countries
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| Tariff | Tax on imported goods and services
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| Cargo | Goods carried on a ship, aircraft, or motor vehicle
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| Moratorium | Temporary prohibition of an activity
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| Executive Order | Mandate or law from the President of the United States
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| Latin America | Mexico, Central America and South America
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| Reasons for immigration | Political freedom and economic opportunity
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| Anchor babies | Born to a non-citizen which has the constitutional birthright of citizenship
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| Local governments are struggling to pay for the security of these borders, setting up civilian militias | Arizona, New Mexico, Texas and California
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| Contributions of contemporary immigrants | Music, visual arts, literature, achievements in science and engineering
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| Capitalism | System of economy based on competition and free markets
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| Famine | Widespread scarcity of food, resulting in starvation and death
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| Assimilation | "Blending" in to a new culture, learning the language and customs
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| Steerage Class | Lower level of passenger ships where immigrants often traveled to America, historically
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| Nativist | Person who wants to eliminate foreign influence
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| Prejudice | Negative opinion that is not based on facts
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| Melting pot | Theory of many cultures living together and blending into one
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| Salad bowl | Theory of many cultures living together and retaining their own cultural identity
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| Ellis Island | Processing center for immigrants on the East Coast
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| Statue of Liberty | Gift from France, symbol of hope and freedom for arriving immigrants
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| Chinese Exclusion Act | Law prohibiting this group for entering U.S. for 10 years
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| Coyote | Someone who smuggles people across the U.S. border
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| Subsidy | Money from government to help an industry or business, usually given to regulate prices
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| Telecommuting | Work from home, using the internet
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| Outsourcing | Obtain goods or service from a foreign supplier (GM did this with factory worker's jobs)
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| Adam Smith | Scottish philosopher, father of economics
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| Wealth of Nations | 1776, Inspired the Industrial Revolution
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| Unemployment Insurance | Pays benefits to workers who have lost their jobs
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| Progressive movement | Aim was to eliminate problems caused by Industrial Revolution, i.e., widespread corruption in government and labor
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| Sanctuary City | Promise of local government officials not to release information for the purpose of deportation
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| Economic Equity | Fairness as an economy distributes resources
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| Economic System | Government's way of coordinating production
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| Traditional Economy | Decisions are based on custom (think tribal, usually isolated)
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| Bolchevik Revolution | 1917 Revolt Against Czar
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| Kim Jong Un | Dictator of North Korea
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| Russia, China and South Korea | Countries that are providing aid to North Korea
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| Nationalism | Fierce loyalty and patriotism to a country
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| Socialism | Needs are controlled by government; healthcare, education, energy and transportation
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| Embargo | Cutting off trade
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| Utopia | A perfect environment where all needs will be addressed
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| Product Market | Goods and services sold by firm (business)
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| Circular Flow Model | Model to show the transfer of goods and services
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| Factor Payments | Funds paid to households
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| Industrial Revolution | 1800s economic growth in the U.S.
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| Household | Providing labor, often owning factors of production
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| Incentives Matter Principle | No reason to productive or competitive
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| Public Works | Highways, sewer system and dams for example
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| Profit Motive | Money earned by a business after subtracting its costs
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| Intellectual Property | Creations of the mind (i.e., a novel)
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Created by:
dsiebenaler
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