Country Governments
Country Economies
Presidential vs. Parliamentary
Economic Growth Factors
Vocabulary
100

What type of government is found in both Mexico and Brazil?

Presidential Democracy

100

Mexico has what type of economy? (be specific)

Mixed-market leaning

100
What is the role of the citizen in a parliamentary democracy? (hint - who do they vote for)

Citizens elect only the legislature

100

Give two examples of human capital

Education, skills, training, abilities

100

In a command economy, who makes all economic decisions?

Government

200

What is the role of the citizens in Brazil?

Citizens are required to vote (18-70) for both president and legislature

200

All modern economies are considered what?

Mixed economies

200

Who do citizens vote for in a presidential democracy?

Both chief executive and legislature

200

Give two examples of capital goods

Factories, machines, technology

200

In this type of economy, economic decisions are based on customs and beliefs of the past.

Traditional

300

What type of government is found in Cuba?

Autocracy/dictatorship/communist

300

What type of economy is found in Cuba? (be specific)

Mixed-command leaning

300
Who is the head of state in a parliamentary democracy? (hint - it's a ceremonial role with no power)

King Charles III/Monarch of United Kingdom

300

Literacy rate is connected to which economic growth factor? (capital goods, entrepreneurs, natural resources, human capital)

Human capital

300

Country A places a LIMIT on the amount of goods that Country B trades with them. This is an example of what type of trade barrier?

Quota

400

How is the leader chosen in Mexico?

Citizens directly elect the leader since it is a presidential democracy.

400

What type of economy is found in Brazil? (be specific)

Mixed-market leaning

400

What are the similarities between presidential and parliamentary democracies? List at least two.

Citizens vote, both are democracies, citizens elect legislature, citizens have many freedoms

400

Who demonstrated entrepreneurship?
Kayla who learned to make clothes, so she started a business that sells clothes to people in need
OR
Kyle who invested money in Apple stock, making him very rich

Kayla - she created her own company, while Kyle invested in a company that already existed 

400

What is the USMCA and what is its purpose?

United States-Mexico-Canada Agreement. To eliminate trade barriers and increase trade between member nations.

500

What type of government is found in both Canada and Australia?

Parliamentary democracy

500

What would happen if a country had a pure market economy? Explain.

It would lead to chaos; people could sell dangerous items; the economy would collapse; citizens could set prices to be as high as they want

500

What are the differences between parliamentary and presidential democracies? List at least two.

Presidential - direct (citizens directly elect leader), citizens vote both legislature AND leader, leader is called a president, leader is separate from legislature

Parliamentary - indirect (citizens do NOT directly elect leader), citizens vote ONLY legislature, leader is a prime minister, leader is part of legislature

500

If a country invests in human capital, list at least two things that will happen as a result.

GDP will increase, literacy rate will increase, more skilled workers, could increase standard of living, increase in production of goods

500

What are some effects of specialization? (when a country focuses only on what they do best and most efficiently).

Increases trade, increases amount of goods, cheaper products for consumers, can increase GDP

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