Cuban Revolution
The Cuban Revolution in the 1950s led to the end of the trade relationship between which country and Cuba?
the United States
Which of the following countries has the least freedom to do business?
Cuba
What are the 3 main trade barriers?
Embargo, tariff, and Quota
What are the 2 types of governments?
Autocracy and Democracy
Whats the name of our Principal?
Ms. Gosier
Who did Cuba gain its independence from?
Spain
What three economic questions are asked when studying the similarities of traditional, command, and market economies?
What to produce, how to produce, and for whom to produce?
What is another name for taxes?
Tariffs
Which government allows one person to have unlimited power?
Autocracy
What's the name of 8th grades principal?
Dr. Roberts
What year did Cuba gain independence?
1898
What would be the MOST important factor in deciding what job you would have if you lived in a traditional economy?
The job your parents had
Brazil decides to place a tax on imports from Venezuela. This is an example of the following trade barrier:
Tariff
In which type of government do citizens directly elect the leader of the national government?
presidential democracy
Whats the name of 7th grades principal?
Ms. Bryant
What was one major result of the Cuban Revolution of the 1950s?
The new government embraced communism, hurting relations between the United States and Cuba
Under normal circumstances, which of these situations is least likely to occur in a market economy?
The government was unhappy with the production of its country's coal mines, so it took over the mines and staffed them with soldiers from the armed forces.
The United Nations has decided to limit the amount of equipment that can be sold to Iran for making nuclear fuel. This is an example of what a trade barrier is
Quota
Cuba does not allow freedom of choice in elections and only the Communist Party is permitted to exist. Cuba has a dictatorship in which power is held by one central authority. What type of government would Cuba be classified as?
Autocracy
What's the 6th grades principal favorite colors?
pink and green
In 2016, Barack Obama became the first US president in over 80 years to do what?
visit the Cuban capital
What is one key feature of the Cuban economy?
government ownership of major industries
The United States prohibits all trade with Cuba. This is an example of the following trade barrier:
Embargo
All citizens can participate in this type of government:
Democracy
What is Coach Denson's favorite saying?
Aye playa!