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Political and Economic Systems Flashcards | StudBud
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Political and Economic Systems
Political and Economic Systems
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StudBud Administration
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Review for NYS Global 10 Regents
Flashcards
25 cards
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Questions
25
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1
One way in which the encomienda system and European feudalism were similar is that both
created a class structure in which landowners held the power
resulted from the growth of the African slave trade
encouraged social mobility
depended on extensive trade routes
2
Which action was taken by Deng Xiaoping to improve the economy of China?
organizing the Red Guard
discouraging foreign investment
encouraging some capitalist practices
practicing glasnost
3
Which political trend exists in present-day Latin America?
Religious leaders are making government policy.
Communism is spreading throughout the region.
Democracy is replacing dictatorship
Most countries are becoming military juntas.
4
Which course of action does the theory of laissez-faire suggest a government should follow?
letting natural laws regulate the economy
establishing businesses to create jobs
controlling the mineral resources of a country
providing help for people in need
5
Under Mikhail Gorbachev, the trend toward private ownership represented a move away from
a command economy
laissez-faire economics
a free-market economy
a traditional economy
6
Which statement best describes an impact of the computer on the global economy?
Wages have risen for most people in developing nations.
Prices of oil and other resources have declined worldwide.
Countries can increase tariffs on imports.
Companies now market more products worldwide.
7
"Not by democracy... will our goal be achieved but by blood and iron." -Bismarck
appeasement
containment
militarism
ethnocentris
8
Which ideology best completes this graphic organizer?
democracy
capitalism
socialism
fascism
9
Which action was taken by the Bolsheviks under the leadership of Vladimir Lenin?
supporting a traditional economy
surrendering to the Provisional Government
eliminating political opposition
extending the war against Austria-Hungary
10
Which traits characterize a laissez-faire capitalist economic system?
slash-and-burn agriculture and animal powered technology
central planning and government quotas
private property and profit incentive
national health care and social security
11
Which political system did Lenin, Hitler, and Mussolini establish in their countries?
representative democracy
constitutional monarchy
theocracy
totalitarianism
12
After 1880, European colonization was motivated by the
desire for new markets
urge to acquire African technology
need for an increase in the production of sugar
demand for labor in the Americas
13
Which statement is most closely associated with the economic policy of mercantilism?
Local gov't determines the type of goods to be produced.
Business and industry should be owned by the state.
1. Colonies should exist to benefit the mother country.
3. Governments should not be involved in the economy.
14
The tools shown in this cartoon represent traditional symbols of
communism
manorialism
national socialism
western capitalism
15
Which system developed as a result of the Commercial Revolution in Europe
manorialism
market economy
bartering
communism
16
Which policy is a country using when it tries to establish a favorable balance of trade?
mercantilism
embargo
transmigration
outsourcing
17
Extreme nationalism, putting the state before the individual, and blind loyalty to the leader
theocracy
fascism
liberalism
democracy
18
Which society practiced direct democracy?
Gupta Empire
ancient Athens
dynastic China
early Egypt
19
Which event had the greatest influence on the development of laissez-faire capitalism?
Industrial Revolution
fall of the Roman Empire
Green Revolution
invention of the printing press
20
During the 1800s, the writings of Marx, Engels, and Dickens focused on the problems faced by
farm laborers
industrial workers
factory owners
investment bankers
21
A major purpose of five-year plans in the Soviet Union was to
seek direct foreign investment
eliminate central economic planning
increase the production of steel and machinery
produce more consumer goods
22
The rise of Benito Mussolini in Italy and Adolf Hitler in Germany are closely associated with
the development of fascism
an emphasis on democratic traditions
the desire for containment
an emphasis on democratic traditions
23
The World Trade Organization (WTO), NAFTA, & EU all share the primary goal of
developing regulations to preserve the environment
encouraging trade & lowering trade barriers
increasing economic aid to developing nations
promoting space exploration and maintaining satellites
24
In a market economy, the ultimate power rests with
the government
consumers
union leaders
the military
25
An economic change introduced in the Soviet Union under Joseph Stalin would include
establishing free-market reforms
collectivizing agriculture
boycotting Baltic Sea trade routes
focusing on the production of consumer goods