Show:
Terms
Economic Systems
Asian Econ
Gov. Terms
Asian Gov
100
Producing the thing a country can make best, and trading for everything else.
Specialization
100
a system where the decisions are made by the private citizens
Market Economy
100
This country has few natural resources, but enjoys a very high standard of living
Japan
100

Name one of the two positions that are in charge of the governments day to day activities

Prime Minister, President

100

This country has a dictator that is the third in the line

N.Korea

200
Someone who is willing to take the risk of starting a new business
Entrepreneur
200
a system where the government makes all economic decisions
Command
200
This country has an almost pure command economy
North Korea
200

Which government has no real choice for its people

autocracy

200

This nation has an emperor who has no real power

Japan

300
A limit on the amount of imports
Quota
300
A system where decisions are based on customs and habits
Traditional
300
This country's population is becoming more educated, especially in computer science and engineering
India
300

The president is directly elected in this government

Presidential Democracy

300

China, while being a autocratic government, has this position as the head of government

President

400
A ban on trade for political or economic reasons
Embargo
400
A combination of market and command
mixed
400
This country used to have a command economy but has moved to more market.
China
400

The head of government is selected from the Legislature

Parliamentary Democracy

400

This country has over half of the worlds population and is one of the largest democracies in the world

India

500
a tax on imports
tariff
500
Education, skills, and training the workers have
Human Capital
500
This country exports large amounts of manufactured goods
China
500

A government led by religion

Theocracy
500

This country is a democracy where the voting age is 19

S. Korea