The economic idea of having not enough of something.
Scarcity
Name one invention of China.
Umbrella, toothbrush, paper money, silk, gunpowder, fireworks, seismograph, etc.
The tallest mountain in Japan, also a volcano.
Mt Fuji
Kim Jung Un
The money a business makes after it pays all of its expenses.
Profit
Economic system where everything is controlled by the government.
Command system
Chinese philosophy that emphasizes respect for elders and the importance of moral values.
Confucianism
Japanese warriors with sworn loyalty to their daimyo, followed the bushido code.
Samurai
The line of latitude separating North and South Korea. (Demilitarized Zone)
38th parallel
Chinese Emperor that constructed the terracotta army to protect him in the afterlife.
Qin Shi Huang
What are the economic terms land, labor, capital, and entrepreneurship?
Factors of production
Leader of China during the Great Leap Forward and the Cultural Revolution.
Mao Zedong
The practice of one country taking over another that they see as inferior.
Imperialism
This nation influenced South Korean politics and occupied the country post WWII.
United States
Currency used in Japan
Yen
What will happen to the price of a good or service if the supply is increased?
It will decrease
Give the correct order of the Confucian class system from highest to lowest.
Upper class- Emperor
Second class- Peasants, farmers
Third class- Artisans
Fourth class- Merchants
Japanese philosophy that says everything in nature has a spirit and is sacred.
Shintoism
How did the Korean War end?
It didn't. There is currently a ceasefire.
Spicy fermented cabbage dish native to Korea.
Kimchi
Economic concept that every time a decision is made, something else is given up.
Opportunity cost
Legislation introduced in 1979 by Deng Xiaoping to control the population of China.
One Child Policy
Give the correct order of the class system in feudal Japan, highest to lowest.
Emperor, Shogun, Daimyo, Samurai, Ronin, peasants, artisans, merchants.
What larger, but more frigid, conflict influenced the war in Korea?
The Cold War
Color associated with good luck, happiness, and the Lunar New Year.
Red