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cosas
cosas
18
Social Studies
6th Grade
11/26/2012

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Term
Unitary
Definition
a form of government in which power is held by one central authority.
Term
Confederation
Definition
A political system in which the central government is relatively weak and member states retain considerable sovereignty
Term
Federal
Definition
A form of government in which the powers are divided between a central government and several local governments
Term
autocracy
Definition
government by one person having unlimited power
Term
oligarchy
Definition
a system of government in which a small group holds power
Term
democracy
Definition
a political system in which the supreme power lies in a body of citizens who can elect people to represent them
Term
What are the government and economy systems of the UK?
Definition
govt--Parliamentary Democracy + Constitutional Monarchy
econ--Mixed (79 on continuum)
Term
What are the government and economy systems of Germany?
Definition
govt--Federal Republic
econ--Mixed (71 on continuum)
Term
What are the government and economy systems of Russia?
Definition
govt--Federation
econ--Mixed (51 on continuum)
Term
Why did so many countries adopt the euro?
Definition
There are so many countries in Europe located so closely together that it makes it a lot easier to trade with the same money.
Term
What are two reasons for the existence of the European Union?
Definition
Trade and protection
Term
What are the three basic questions that all economic systems have to answer?
Definition
(1)What goods and services will be produced?
(2)How will the goods and services be produced?
(3)Who will get the goods and services?
Term
What is a traditional economy?
Definition
An economy where the product is shared by the whole community, based on customs, and typically produced by hunting
Term
What is a pure free market economy?
Definition
An economy where individuals make decisions regarding the economy
Term
What is a pure command economy?
Definition
An economy where the government makes decisions regarding the economy
Term
What type of economic system do most European countries have?
Definition
Mixed economy, more on the market side
Term
Give an example of a country today with a mostly command economy
Definition
Cuba, North Korea
Term
Which type of economy did East Germany and the former Soviet Union have?
Definition
Command
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