Effect of this type of govern would result in a loss of human rights
Unlimited
What are some positive benefits of a free enterprise system?
Consumer choice and Entrepreneurship, Limited govt. interference
List examples of the Economic Activity.
Agriculture
planting crops
livestock for sale
dairy products
Resources and produce
True or False?
Paying taxes, obeying laws, donating to charities, and voting in elections are all responsibilities of citizens.
True
My government is ruled by the people and our leader must obey all laws.
Limited
Who benefits more in a Socialist system and why?
The govt because they can charge heavy taxes
List an example of the Economic Activity.
Manufacturing
assembling a toy car
assembling an iphone
making clothes to sell at a store
Any form of human work is what type of factor of production?
Labor
The people of Japan playing baseball is an example of ________________.
cultural diffusion
because baseball started in America and spread to Japan
There are individual rights.
Limited
What are some negative aspects for a communist systems?
Govt. Controls everything and citizens don't have a lot of choice
These are examples of which Economic Activity?
H.E.B
Target
Gucci
Hot Topic
Barnes & Noble
Retail Industry
Man made items like tools, factories and machines are what type of factor of production?
Capital Goods
_________________ is the best way for citizens to demonstrate civic participation is to serve in the army.
Voting
Communism, Dictatorship, and Monarchy are examples of this type of government.
Unlimited
WHat type of economy is represented in the sentence below?
factories are required to produce only gray overalls for school uniforms. To cut costs, government factories will not provide toilet paper, workers must provide their own.
Communist Economy
These are examples of which Economic Activity?
cutting hair at a beauty salon
getting a car wash
going to eat at a restaurant
Service Industry
Items found in nature like oil, water and iron are what type of factor of production?
Natural Resources
How does geography influence the economic development of an area?
- Geographic features lead to an economy based on free enterprise.
- Rivers and coastal areas limit economic development.
- Areas with many natural resources have weak economies.
- Natural resources and climate determine job opportunities.
- Natural resources and climate determine job opportunities.
What are the types of Unlimited and Limited governments
Unlimited: Monarchy, Dictatorship, Communism
Limited: Direct Democracy, Constitutional Republic, Constitutional Monarchy
An economic system in which private business operates in competition and largely free of government control.
Free Enterprise
Your World Cultures Teacher is an example of which Economic Activity?
Service industry
What is the orders or factors of production if you wanted to open a coffee shop
Entrepreneurs- For the idea
Natural resources- Coffee bean
Labor- to create the actual shop and items sold in the coffee shop
Capital Good- WHich is the coffee sold
_______________________ is when Countries depending on one another for trading goods and services.
Global Interdependence