Economies
We have just visited country X. In this country, the government controls all business decisions. They decide where people work and how much they get paid. They control what new products are being produced. What type of economy is this?
Command Economy
goods and services sold in a country that are produced in another country
Import
this country has one of the largest populations in the world and is aging due to once having a one child policy
China
What are some effects of pollution?
Environmental issues like brown cloud & acid rain
Health issues like lung cancer, asthma, cholera
Economic issues like fish kills
What is one way that freedom of movement is violated in North Korea today?
in North Korea, people are not allowed to leave the country without permission
Country X allows its citizens to make independent decisions about where to spend their money and to start private businesses. This country’s economy is reliant upon private businesses and citizens to make voluntary exchanges of goods and services with very little government involvement. Which economy does this most represent?
Market Economy
when two or more countries agree to terms to make trade easier
Trade Agreement
this country has a rapidly aging population which is leading to less workers each generation and economic concerns
Japan
What are two major causes of air pollution in India and China?
transportation, economic growth, industry, household pollution, coal power, and large populations
What is one way that the right to education is violated in India today?
in India, many children are forced to work in child labor instead of attending school
We have just returned from country W. In this country people are choosing to work nice jobs so they can afford cool new products such as a new Indiana Fever jersey. The government has also established a minimum wage to guarantee nobody makes too little money. What type of economy are we seeing?
Mixed Economy
A tax on imports or exports.
Tariff
this country has a rapidly growing population which has strained their resources and large numbers of refugees entering the country
Pakistan
What are two major causes of water pollution in India and China?
sewage, industrial runoff, agricultural runoff
What is one way that the right to desirable working conditions is violated in Bangladesh today?
in Bangladesh, people who work in the clothing industry are often forced to work in unsafe conditions for little pay
We are visiting country Y and they have time honored beliefs and customs that go back thousands of years. We are in the market place and recently bought some corn, but we really want wheat to make bread, so we trade our corn for wheat with the local market place. What sort of economy is this?
Traditional Economy
An official ban on trade with another country.
Embargo
a measure of the number of people living in a given area (determines how crowded or spread out the population is)
Population Density
Fishing equipment and nets being left in the ocean and the production of single use items are the main causes of ___________ pollution.
plastic
What is one way that right to an adequate living standard is violated in North Korea today?
in North Korea, many live in extreme poverty and don’t have basic necessities like medical care, adequate housing, food or clean water
What are the four main economic indicators for the strength of an economy?
GDP, income, literacy rate, life expectancy
Name a pro and con of globalization.
Pros - bigger selection of goods, lower prices, big companies benefit and more jobs in developing countries
Cons - poor working conditions in developing countries and less jobs for domestic workers
a measure of how spread out a population is in any given area
population distribution
this industry has led to the spreading of microfibers and microplastics on land as well as an increase in water and air pollution
fast fashion
What is one way that freedom of opinion and information is violated in China today?
news, internet and information is censored