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200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 UK, Germany, & Russia Economies GovernmentsTradeMiscellaneous
This country has a parliamentary democracy and a constitutional monarchy
What is the United Kingdom?
The UK has this type of an economy
What is mixed?
This country has a federation
What is Russia?
Germany’s type of government
What a Federal Republic?
On this continuum Russia would be placed at this letter ACBD Pure Command Pure Market
What is “C”?
An economy where individual citizens determine what gets manufactured and sold.
What is a free market economy?
Two examples of Capital Goods
What are machines and ovens?
An employee is this type of capital
What is “human capital”?
These are the three basic questions that all economic systems must answer.
What is: 1. What goods and services will be produced? 2. Who decides how the goods and services will be produced? 3. Who will get the goods and services?
This helps international trade for determining the value of one nation’s currency compared to another.
What is the currency exchange rate?
A group of independent states/countries that band together for some common purpose.
What is an confederation?
The diagram illustrates this type of distribution of power
What is a confederation?
This is an example of an autocratic ruler
What is a dictator or an absolute monarch?
When discussing the three types of citizen participation, this type is the only one where general citizens can make decisions.
What is a democracy?
In this type of democracy the executive leader is chosen by their coworkers in the legislature
What is a parliamentary democracy?
A tax on imports
What is a tariff?
The definition of GDP
What is the total amount of goods and services in a country in a year?
These are the four things that influence a country’s GDP.
What are human capital, capital goods, natural resources, and entrepreneurs?
Examples of this would be: oil, trees, water, diamonds, silver, gold, good soil, etc…
What are natural resources?
A natural resource that is limited.
What is “non renewable”?
Switzerland is landlocked. This is an example of …?
What is a “trade barrier”?
This is the main problem dealing with exchanging currencies.
What is a fee from the bank?
A person who is willing to take a risk to create a business to sell a new technique, idea, or product
What is an entrepreneur?
This type of trade barrier is used to demand change from a country’s government
What is an embargo?
An employer can invest in these two things to improve the quality of their employees *Daily Double* What will you wager?
What are education/training and healthcare?
European Economics Review. 1. What is a trade barrier? A. a way to limit trade with other countries B. a way to increase trade with other countries.
SS6E5 The student will analyze different economic systems.
Economics Understandings To play the game, go to the next slide and click on a point value to go to a question. To go to final Wrap-Up click on Final Wrap-Up.
The Middle East Study Game Unit 3. A country ruled by a person that has complete and unlimited power Autocracy.
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Mrs. K. Rogers 7 th Grade Social Studies. How governments distribute power. There are 3 main forms of distribution. UNITARY: 1.) Unitary- A system of.
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Political and Economic Systems Test Review. This system is where some laws come from the central government, and some laws come from each state? 1. Unitary.
Economics SS6E1a, SS6E5a, SS6E8a: Compare how traditional, command, and market economies answer the economic questions of 1 – what to produce, 2- how to.
The Middle East Study Game Unit 3. Lawlessness or political disorder brought about by having NO Government ANARCHY.
Government and Economy Terms Review. What is a Chief of State?
What are the Terms? What are the Terms? To Trade Or Not To Trade To Trade Or Not To Trade Economic.
200 pt 300 pt 400 pt 500 pt 100 pt 200 pt 300 pt 400 pt 500 pt 100 pt 200 pt 300 pt 400 pt 500 pt 100 pt 200 pt 300 pt 400 pt 500 pt 100 pt 200 pt 300.
Opener 2 1.The diagram to the right illustrates which type of government? a. Unitary b. Confederation c. Federal d. Oligarchy 2.The following is a description.
SS6E1 The student will analyze different economic systems. SS6E2The student will give examples of how voluntary trade benefits buyers and sellers in Latin.
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The Africa Unit 3 STUDY GAME New machinery and tools are examples of __________ resources Capital.
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