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Poland, Mexico, and South Africa are examples of? |
emerging democracy |
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The catalyst for Poland’s transition to democracy was? |
labor unrest |
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Mexico was not considered a democracy because it lacked? |
competing political parties |
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South Africa had to overcome this before it could have democracy. |
apartheid |
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The spread of nuclear weapons is called? |
nuclear proliferation |
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This was an agreement not to provide nuclear weapons to other nations and to encourage general disarmament and destruction of existing nuclear weapons? |
Nuclear nonproliferation treaty |
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SInce WWII, most terrorits’ attacks on Americans have been carried out by groups from this location. |
Middle East |
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This is a common trading market. |
EU |
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Democracy comes from? |
Greece and Rome |
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Present-day Japan has this type of government. |
parliamentary democracy |
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This is found in Great Britain’s form of parliamentary government. |
House of Commons |
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The safe haven for Chinese Nationalists was? |
Taiwan |
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Tiananmen Square in China is the site of this? |
student massacre |
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This exists when a society does not have all the resources that everyone wants. |
scarcity |
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Traditional, market, and command are types of this? |
economic systems |
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An economic system that allows buyers and sellers to act in their own interest is this type of system. |
market |
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The difference between the amount of money a business takes in and the amount it spends is the? |
profit |
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The sum of a nation’s goods and services is called? |
gross national product |
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Today, China’s economy is best described as? |
free market |
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Soviet farms were either collective farms or? |
state farms |
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China has developed rapidly due in part to? |
large labor force |
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A risk-taker who starts a business in search of profits is? |
entrepreneur |
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This economic system has a central authority. |
command |
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These are the resources of an economic system. |
factors of production |
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This is a free enterprise system. |
capitalism |
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States with little to no industry are? |
developing nations |
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Critics claim socialism may cause? |
welfare state |
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Limits on imports are called? |
quotas |
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The world’s largest unified market is the? |
EU |
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The failed 1961 U.S. invasion of Cuba is referred to as this? |
Bay of Pigs |
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The United States uses this to encourage democratic reforms in Cuba. |
trade embargo |
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The government of Saudi Arabia has been accused of indirectly supporting this? |
terrorism |
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The main purpose of the United Nations Security Council is? |
peace keeping |
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United Nations membership is open to? |
all peace loving states |
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Habit and custom dictate the rules for all economic activity in this system. |
traditional |
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This economic system allows buyers and sellers to act in their individual interests. |
market |
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This is the opposite of competition. |
monopoly |
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The difference between the amount of money taken in and the amount of money needed to run a business is the? |
profit |
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States that have had significant industrial growth in recent years are called? |
newly developed nation |
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Under this economic system, government owns some factors of production. |
socialism |
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Under this economic system, government owns all factors of production. |
communism |
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When government takes control o industry, it is called? |
nationalization |
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The United States has exercised influence on developing nations in favor f? |
free markets and democracy |
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On this type of farm, the government owns the land and rents it to families. |
collective farms |
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Inefficiency on state-run Soviet farms was widespread because? |
farmers had little incentive to work hard |
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This out an end to the Soviet Union. |
Soviet Republics declared independence |
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This principle states that each country should produce goods it can make more efficiently and purchase those that other nations make more efficiently. |
comparative advantage |
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The policy of using trade barriers to protect domestic industries from foreign competition is called? |
protectionism |
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Economists look at this to measure a nation’s overall performance in the global economy. |
balance and trade |
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One challenge presented by globalization is? |
increased competition for jobs |
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