A government in which the citizens have the political power because they are able to vote.
What is Democracy?
A government in which the citizens elect members of the legislature and the government leader.
What is a Presidential Democracy?
A limit on the amount of products allowed from other countries.
Voluntary exchange of goods and services among people and countries.
What is trade?
Government in which one person has all the power and the citizens have none.
What is Autocracy?
The person who is the leader of the government.
What is a Head of Government?
A government law stopping trade between two countries.
What is an embargo?
Something people exchange for goods or services.
What is currency?
Government system in which the citizens chose their leader by voting.
What is Democracy?
Mostly ceremonial position with no real power.
What is a Head of State?
A tax that the government puts on imported or exported goods.
What is a tariff?
Price of one nation's currency in terms of another nation's currency.
What is exchange rate?
The right to vote.
What is suffrage?
The two positions that the government leader in a presidential democracy serves.
What are head of state and head of government?
When work is divided into different parts and each worker is allowed to become an expert in his/her part of the work.
What is specialization?
The government leader is selected by a majority of the representatives in the legislature.
Head of government in a parliamentary democracy.
Who is the prime minister?
Something that prevents trade.
What is a trade barrier?