lets review
head of state.
the branch controls budget.
what controls countries budget?
Sets prices of good and services.
What can Germany's government do to the prices of the good and services.
regulates prices of goods and services.
what is government regulation?
the long line from 0-100 with 1-99 (mixed)
0(command)
100(market)
what is a economic continuum?
economic questions.
what are the three questions the every economy has to answer?
Its elected by the members.
how is the prime minister elected?
bundestag.
which is the lowest and has the most power?
this group of people can get there own private property and make there own economic decisions.
who are citizens
economics
what is the study of economies called?
no regulation government not involved
what is a market economy?
POWERFULL MONARCHY
U.K IN THE PAST
bicameral
Germany's parliament is called a?
government controls many resources.
What does Russia's Government control in the country?
someone who studies economies.
what is an economist?
government controlling
what is a command economy?
this government official has little political power and inherits the position through family.
what is the monarch?
73% free
27% command
how much of Germany's economy is free and how much is command?
they directly elect head of government
how do Russians elect a president?
economy is growing
what is a good economy?
government an people make choices
what is mixed economy?
BORRIS JOHNSON
WHO IS prime minister?
FRANK WALTER STIENMEIER
WHO IS CHANCLELLOR?
prime minister
who is the head of state?
PRESIDENT
what is the Chief executive of a presidential democracy?