Government/Economics Review

In this type of democracy, the legislature chooses the prime minister

What type of government has their leaders gain power through inheritance?

The cost of a good, in a market economy, is based on both ________ and ________.

There are places in the world with pure market and pure command economies.

The increase of education and job training in a country will

Power to the people! Elections, choosing, voting rights for all!

The producers in a market affect the...

Why can't your country be economically independent?

Which type of government allows citizens to participate and choose leaders?

In a mostly command economy, prices are determined by

In this type of democracy, citizens vote for the Chief Executive

Sending a resource or good from your country to another country is

In the market for orange juice, the price of oranges has gone up. What is limited?

What type of government has their leaders gain power through force?

If you have a sno-cone stand and you invest in a new machine, you have invested in

If a government places a tax on an import from another country, it is known as

The law makers that are elected in a democracy are the

Investing in education and training is known as investing in

If you open your own business, you are an

What type of government does the USA and Mexico have?

What type of government has their leaders gain power elections and voting?

Bringing resources or goods from another country

Supply is how much of something that ____________________ are able to make.

Which type of government provides its people with the most rights?

Single leader with complete control; no sense of duty to the people

A complete trade ban between countries is known as

Which type of government is the most oppressive; limiting the rights of its people?

In a traditional economy, products are chosen by

Form of government that may exist with other types, but recognizes God/religion as surpreme

What factor of supply affected the decrease in the supply of orange juice?

As more people demand sunglasses in summer, what happens to the demand?

If the USA had a struggling Car industry because consumers were buying Japanese cars, what might be the best solution?

What do countries look for in trade partners?

Why would a country pay for college education

Demand is how much of a good that ________________________ are willing and able to buy.

How are goods and services exchanged in a traditional economy?

In summer, more people are looking to buy sunglasses. Does this affect supply or demand?

What factors causes the demand for sunglasses to increase in summer?

Consumers in a market affect the...

Which of the following is not one of the 3 basic economic questions?

Something that a country has that is a gift of the Earth is a

Which activity is an example of investing in capital goods?