Economics and Government Review

If the literacy rate of a country is _____, the country probably has a ______ GDP.

This trade barrier stops all goods and services coming in from other countries.

This trade barrier taxes goods and services coming in from other countries.

All countries fall on an economic continuum. This shows where they fall in what type of economy?

The measurement of wealth in a country or area is called this

If the government's leader got into power by flexing military might, they would be considered a

Countries that focus on creating products they can make that other countries need but cannot produce is called this

examples of capital goods

What economic system has a government controlling all the strings?

If your parent was a king that believed he was placed on the throne by god, you might be an

This trade barrier limits goods or services coming in from other countries.

If the majority political party chooses the leader, the government would be a

examples of human capital

Which of the following is the most common democracy?

In a __________ there is usually a ___________ that makes laws while the monarch sits pretty

If you have "president" on your ballot to vote, you might live in a

In an _____________ the people have no voice in the governments running

The total value of goods and services produced in a country in a year is this

All citizens get a say in this type of government:

Countries part of this group were once controlled by the United Kingdom but have received independence from the UK.