Vocabulary
What does inflation mean?
an increase in prices, resulting from a decline in the value of money
Name the four hemispheres
Northern
Southern
Eastern
Western
What is civic participation?
The involvement of citizens to help our government and communities work as well as possible
What is a representative government?
Government where citizens elect officials to govern.
What does supply and demand mean
Supply is the amount of a good or service that a producer wants to sell. Demand is the amount of something that a consumer wants to buy.
What does bartering mean, and give an example
Exchanging one good or service for another, without using money
Exchanging Oil for Cotton
There are four different kinds of "lines" that split the earth, what are they
Latitude
Longitude
Equator
Prime Meridian
Why is it important to be a global citizen?
To know what issues affect the world as a whole and to be educated
What is the highest law in the United States?
Constitution
What is the largest economy in the world?
Market
What does culture mean?
A set of beliefs, behaviors, and traits shared by the members of a certain group
What are the four major kinds of resources?
Land, labor, capital, entrepreneurship
What is one right/duty that we have as citizens of the United States?
Voting (answers might vary)
How many parts is the federal government split into, and what are they
3 parts
Judicial, executive, and legislative
What is an example of a barrier to trade?
Cutting off other countries from trade
What does population mean?
The total number of people living in a specific area
What are the four types of economy?
Traditional
Command
Market
Mixed
If someone wants to become a citizen of the United States, what is the process called that they must go through?
Naturalization
How can congress contain the actions of the president?
Congress can impeach the president
Globalization is what?
The growth in free trade between countries
What is a federal system?
Government which divides power between central and state governments
Give four types of maps
physical map
political map
special-purpose map
What is one duty we have as US citizens?
Jury duty
be ready to defend the United States
Who is part of each branch of government?
Executive includes the president
Judicial includes the US Supreme Court and lesser courts
Legislative contains congress
What happens when a country goes into a recession?
The economy shrinks; people lose jobs; companies close