The President of Brazil is elected to serve this long of a term
What is four years?
This type of economy would describe the island village that Moana is from
What is a traditional economy?
A tax on imports
What is a tariff?
A nation invests in modern 3d printing machines to help increase productivity. This is an investment in
What is Capital Goods?
The reason why Latin America is called Latin America
What is Spanish and Portuguese languages are Romance languages, derived from Latin. (Or similar)
The President of Mexico is elected to serve this long of a term
What is six years?
The mixed economy in Mexico leans towards this on the economic continuum
What is market economy?
A trade barrier which puts a limit on imports
What is a quota?
A nation invests in sending students with high test scores to free technical school. This is an investment in
What is Human Capital?
In the Americas, the Natives were dying too quickly to be used as labor because
What is disease (smallpox, etc.)
In Cuba, this group elects the President
What is the legislative body?
After the Revolution ended in 1959, the Cuban government nationalized (took for the government) all businesses and property. This transformed them into this type of economy
What is a Command economy?
This agreement was designed to eliminate tariffs between the US, Mexico, and Canada
What is the USMCA (or NAFTA)
A nation with a high literacy rate increases their GDP because
What is having workers who can read and learn to do more difficult tasks (or something similar)
This is the name of the trade of manufactured goods from Europe to Africa, slaves from Africa to the Americas, and natural resources from the Americas to Europe
What is the Atlantic Triangular trade
In Cuba, this party must approve a candidate before they can be voted in
What is the Communist Party of Cuba?
This is the main reason for why Market Economies grow faster than Command Economies
More entrepreneurship or innovation (either will work, or something similar)
This is the reason why the embargo was placed on Cuba
What is becoming a Communist nation (or something similar)
In the Colonial era, Europe established colonies in the Americas so they could get more of this Factor of Production to their factories
What are Natural Resources?
This is the type of plant illegally grown in South America to make illegal drugs, sold by the cartels in the US
What is the Coca plant
Out of Mexico, Cuba, and Brazil, this country only permits their President to serve a single term in office
What is Mexico?
This term describes what a government does to bring some Command into a Market economy.
What is regulation?
This term refers to the practice of having different goods and services to trade, rather than having your economy rely on a single market
What is diversification?
Cuba has invested heavily into education, and still struggles to build a strong economy because of this
What is (will accept trade embargo or communist regime.)
This is the driving force (main reason) behind drug trafficking and migration from Latin America
What is poverty (or similar)