Government Vocabulary
What is the difference between an autocracy and a democracy?
A: In an autocracy, one person has complete control over the government, whereas in a democracy, power lies with the people, and they elect representatives to make decisions on their behalf.
Which country has a parliamentary system of government?
A) Israel
B) Saudi Arabia
C) Turkey
Israel has a parliamentary system, where the Knesset elects the Prime Minister.
What is meant by economic specialization?
Economic specialization occurs when a country focuses on producing goods or services that it can produce more efficiently than other countries, usually for trade.
This is a tax placed on imported goods to make them more expensive and protect domestic businesses.
What is a tariff?
This is the term for a country's workforce, which plays a key role in its economic development
What is human capital?
What is the main characteristic of a monarchy?
A: A monarchy is a form of government where a king or queen rules, usually by hereditary right, and holds significant power in governing the country.
Which country has a presidential system of government?
A) Israel
B) Saudi Arabia
C) Turkey
Turkey has a presidential system, where the president holds significant power and is elected by the people.
Why do countries benefit from specialization?
Countries benefit from specialization by being able to produce certain goods more efficiently and then trade them with other countries, gaining access to goods they do not produce as efficiently.
This is a limit on the quantity of goods that can be imported into a country.
What is a quota?
This refers to the physical equipment, buildings, and machinery used to produce goods and services.
What are capital goods?
What is the role of a king or queen in a monarchy?
In a monarchy, the king or queen typically holds significant power and may rule for life, often by hereditary right, sometimes with absolute control or limited by a constitution.
Which country is ruled by an absolute monarchy?
A) Israel
B) Saudi Arabia
C) Turkey
Saudi Arabia is an absolute monarchy, where the king has most of the political power and the royal family plays a central role in governance.
This country is known for specializing in agricultural products like textiles and food products.
What is Turkey?
This trade restriction completely stops the exchange of goods between two or more countries.
What is an embargo?
A country with access to abundant natural resources, like oil, has a greater chance of economic growth. This is an example of ___________.
What are natural resources?
What is a parliamentary system?
In a parliamentary system, the executive branch derives its legitimacy from the legislature (parliament), and the prime minister is typically chosen by the legislature.
Which of the following countries has regular elections and a free press?
A) Israel
B) Saudi Arabia
C) Turkey
Israel has regular elections, a free press, and a democratic system of governance.
This term refers to when a country focuses on producing one type of good or service.
What is specialization?
This form of trade barrier is designed to make imported goods more expensive than domestic products.
What is a tariff?
This is the factor that refers to the stability of a country’s government and its legal systems.
What is political stability?
How does a presidential system work?
In a presidential system, the president is elected separately from the legislature and holds executive power, often serving as both head of state and head of government.
Which country’s president is also the head of government?
A) Israel
B) Saudi Arabia
C) Turkey
Turkey has a system where the president is both the head of state and head of government.
When countries focus on the production of goods or services in which they have the lowest opportunity cost, it is called ___________.
What is comparative advantage?
These are agreements between countries that reduce barriers to trade, such as tariffs and quotas.
What are free trade agreements (FTA)?
When countries improve their education system, invest in technology, and increase infrastructure, they can foster _____________.
What is sustainable economic growth?