Basic Government Vocabulary
One person is in charge with little to no citizen participation.
What is an autocracy?
This term describes how the government owns and controls all economic activity in a country.
This country has a parliamentary democracy.
What is Israel?
This country has a higher advantage over Israel when it comes to oil production.
What are Saudi Arabia?
After Iraq invaded Kuwait in 1990, UN members cut off trade with Iraq, hoping they would withdraw from the small Middle Eastern country. This is an example of ___
What is an embargo?
Citizens vote directly for the president of their country.
What is presidential democracy?
In a market economy, this group determines what will be produced, how it will be produced and for whom it will be produced.
Who are business owners or entrepreneurs?
Turkey was a ——— democracy, but it is now a ———- democracy.
(2 answers)
What is a Parliamentary and Presidential democracy?
This is the effect that oil has on a country's GDP.
What are countries that have high oil production have high GDP?
In the early 2000s, a country charged a fixed fee and tax on brown rice imported from the United States. This is an example of _____
What is a tariff?
Citizens vote for the legislature, then legislature chooses the country’s leader.
What is a Parliamentary Democracy?
Countries that provide educational opportunities, and train people to become more skilled in the work force are investing in ____
What is human capital?
This country has an autocratic (monarchy) government
What is Saudi Arabia
A Turkish businessman owns oil and gas manufacturing. This individual is known as ___
What is an entrepreneur?
Israel put a limit on the quantity imported from another country. This limits the supply and drives up the price. This is an example of ___
What is a quota?
A few rulers, primarily wealthy people.
What is an Oligarchy?
This creates jobs in an economy.
What is entrepreneurship?
Israel has a law that states that children from ages 3-18 must attend school. This means that they are increasing their ___
What is literacy rate?
Saudi Arabia's economy is about 40% owned by the private sector (private businesses), so it must be this type of economy.
What is a mixed command economy?
To determine the value of one nation's currency to another.
What is currency exchange?
In this type of government, citizens vote.
What is a democracy?
If a country has a high literacy rate, most of the time they will also have a high ___
What is GDP or Standard of Living?
Israel’s legislature is called the ——-
What is the Knesset?
An economy is most successful when it has both government and consumer involvement.
What is a mixed economy?
The organization that is responsible for setting the gas prices for the world.
What is OPEC (Organization of Petroleum Exporting Countries)?