test 21 pt3

Question 1

what is capitalism?

Answer 1

one makes a profit off initial investment, then re-invests to make profits

Question 2

disadvantages of a command economy

Answer 2

-all have failed
-lack of economic freedom
-bureaucracy
-quota system
-no profit incentive
-no sense of ownership
-blat

Question 3

what did the USSR glasnost and perestroika mean?

Answer 3

glasnost- openness
perestroika- restructuring

led people wanting more change

Question 4

what 3 things happen when the Berlin wall fell?

Answer 4

-Germany reunited in 1990
-Germany joined NATO
-Event spared and started the end of the cold war

Question 5

what was the fate of the soviet union when it ended?

Answer 5

dissolved into 15 countries, corruption, Russa’s economy suffered

Question 6

what is Globalization?

Answer 6

trade and technology have made the world a more interconnected place

Question 7

what is the green revolution?

Answer 7

20th century farming innovations that enabled food production to exceed pop

Question 8

invention compared to the printing press

Answer 8

the internet

Question 9

3 waves of environmentalism?

Answer 9

1- nature conservation
2- concern of resource exhaustion
3- sustainable development