Government
What type of democracy involves a prime minister as head of government?
Parliamentary Democracy
a tax on imported goods
tariff
individuals who risk starting a new business or bring a product to market.
entrepreneur
Relies mostly on agriculture, gathering, hunting and fishing. Trades (barter) goods rather money
Traditional Economy
Which is considered a long-term health effect from the Chernobyl Nuclear Accident due to radiation poisoning?
Cancer
a form of government in which one ruler has absolute control and decision
Autocratic
a limitation on imported goods from another country
quota
Land or natural resources (wood or minerals)
Natural resources
An economy where all decisions are made by the government.
Command Economy
Smoke and car emissions contain pollutants that are released into the air
Air Pollution
a form of democracy where citizens elect a member of the legislature and then these members appoint the chief executive
Parliamentary Democracy
Ban on trade with another country
embargo
An individual's knowledge or skills that help make production of a good/service more efficient and is hired to work for the business
Human capital
The government guides and regulates production of goods and services, but resources are owned by individuals.
Mixed Market
Radiation was released into the environment due to an explosion or malfunction in the reactor
Chernobyl
citizens vote directly for the members of legislature and the chief executive
Presidential Democracy
In 2012, the United States Commerce Department announced that it would impose a tax ranging from 2.9% to 4.7% on Chinese made solar panels
Tariff
the tools, equipment, and factories used in production of goods and services
capital goods
An economy that operates without any government intervention. The people have the power and is based on supply and demand.
Market Economy
Increased deforestation, Damage to buildings, Pollution of rivers and lakes
All of these are effects of: __________
Acid Rain
What was the purpose of creating the European Union?
To strengthen the economy and create peace
In 2011, the United States Department of Agriculture increased its annual sugar-import limit to 1.6 million tons for the year.
Quota
Answers may vary
Imagine Ms. Smith and Mrs. Watkins are running lemonade stands, each trying to earn the most profit. They set their prices based on how many people want lemonade and how much they can make. What type of economy lets individuals like Ms. Smith and Mrs. Watkins make decisions based on supply and demand?
Market Economy
cancer cases increased, animals died, fish died and farmland was damaged
All of these are the effects from: _________
Chernobyl Disaster