Final Exam Flashcards
(46 cards)
Describe dictatorship
Single ruler, supreme power, military
Pros: efficient, maintain peace and order
Cons: abuse opposition, too powerful
Ex: Cuba
Describe monarchy
Single ruler, supreme power, hereditary/divine right
Pros: efficient, clear succession, unified loyalty
Cons: one leader is not like the other, old fashioned
Ex: UK
Describe theocracy
Lead by religious leaders
Pros: political/social unity, politics in line with moral values
Cons: difficult to enforce, minorities left out/persecuted
Ex: Iran
Describe free enterprise/free market/market economy
Decisions about production made via buyers/sellers
Pros: efficient, competition, individual ownership
Cons: instability, unequal distribution of wealth
Describe command economy
Decisions about production determined by central government
Pros: full employment, price control, stability, distribute wealth
Cons: little incentive to work hard, government planners not as efficient/in touch
Describe mixed/socialist economy
Decisions about production made by government (essential) and private (small)
Pros: same values oil the machine, provide for self
Cons: low standard of living, limited access to goods/services
What is infrastructure?
The fundamental facilities and systems serving a country such as transportation and communication systems, power plants, and schools
Why is infrastructure important to a country’s economy? Can a place have a strong economy without a strong infrastructure?
Infrastructure is important to an economy because it’s the foundation and support system of a strong economy. Without a strong infrastructure, a place cannot have a strong economy because it contributes to economic growth, productivity, and competition
Are natural resources distributed evenly around the planet? How about wealth? What is the connection?
Neither resources nor wealth are distributed evenly around the planet.
If a place has natural resources, then it will be wealthy as well
What was the Berlin Conference?
1884, divided Africa between European powers, had to notify each other of planned to control new area, effective occupation, no african leader or representative invited, this plan caused many of the problems Africa has today
What were the effects of European colonization in Africa?
Exploitation of land and resources, loss of land, loss of identity, created regional conflicts
How did the Europeans cause ethnic tensions?
Europeans put rival ethnic groups between the same country borders and elevated and gave authority to certain groups over others (created resentment)
How do you read a cartogram?
Size of land=size of population
What is a human rights violation?
A violation of the basic rights and freedoms to which all humans are entitled (life, liberty, equality, fair trial, etc)
What is a stateless nation?
When a nation does not have an official territory
Ex: Kurds of Kurdistan (Iraq, Iran, Turkey), Chechens (South Russia)
Where are Golan Heights, Gaza Strip, and West Bank located? What do they all have in common?
All located in Israel and are all borders
What are three major religions have holy sites in Jerusalem?
Christianity, Islam, Judaism
What is the Arab Spring?
A series of anti-government protests, uprisings, and armed rebellions that spread across the Middle East in early 2011, began with Tunisian Revolution
What was the Cold War?
A constant non-violent state of hostility between the Soviet Union and the U.S.
What is the EU?
A group of European countries that participates in the world economy as one economic unit and operates under one official currency (euro)
Political and economic alliance between 28 European member nations, countries agree to give up some of their sovereignty for support and representation, created in aftermath of WW2
How has the EU promoted economic cooperation across Europe?
It has operated as an economic unit in the world economy and only has one official common currency
What is the purpose of organizations like NAFTA, MERCOSUR, the EU, AND ACTFA?
To create cooperation through free trade and economic support
Explain the difference between subsistence and commercial agriculture
Subsistence agriculture: growing food to support one family or multiple families, just to support yourself
Commercial agriculture: growing a ton of food to make a profit
What other terms can be used for “Market Economy?”
Free enterprise, free market, capitalism