Download Study Guide: Units 3 and 4

Study Guide: Units 3 and 4
Which focus country in the Middle East has a federal
government?
ISRAEL
The leader of a parliamentary government is called
a _________ ________
Prime Minister
Which branch of government makes and carries out
the laws in a parliamentary government?
Legislative
What is a disadvantage of a confederation
The central government only has as much power as
government?
the local governments are willing to give.
If you live under a confederate form of government, Local governments
most of the power is with ____________________.
Which focus country in the Middle East has a unitary Saudi Arabia
form of government?
If you live under a unitary form of government,
Central government
most of the power is with the _____________________.
Who makes the decisions in an autocratic
government?
The ruler
How do people participate in a monarchy of
government?
They have little choice as the ruler makes most of
the decisions.
How long does a monarch rule?
Until he/she dies
What type of leader does Saudi Arabia have?
King
Iran is considered a theocratic republic. Why?
What is a theocracy?
Iran is governed by both religious rulers and elected
officials
A government that sees God as the ruler
How is a president chosen in a presidential system?
People vote separately for the president
What type of power does the Head of State have
under a parliamentary government?
No actual power; their role is for ceremonies and to
symbolize traditional ways
Who chooses the leader in a parliamentary system?
The political party in the legislature that is in control
What type of government does Saudi Arabia have?
Hereditary monarchy
Which focus country in the Middle East is a
democracy?
Israel
Why do people have more power in a democracy
than in an oligarchy form of government?
People get to chose the people that are going to
make the laws
Study Guide: Units 3 and 4
Who is in charge in an oligarchy form of
government?
A small group of leaders
Which focus country in the Middle East has an
autocratic form of government?
Saudi Arabia
Define Shariah law.
The Quran is the base of all the laws
How are decisions made in a traditional economy?
Custom and habit
How are decisions made in a command economy?
Government planners
How are decisions made in a market economy?
Consumers
Why do most economies in the world today operate
somewhere in between a market and command
economy?
A mix of free market and some government control
is best for a successful economy
The countries of Israel, Saudi Arabia, Turkey and
Iran have ___________ economies.
Mixed
Define specialization.
Products a country makes best and that are in
demand on the world market
Why was OPEC created?
To control the production and price of petroleum
What happens to the price of oil when OPEC limits
production?
Prices go up
Define tariff.
A tax placed on imports
Define quota.
A limit on the amount of goods that are allowed in
a country
Define embargo.
Stopping trade with a particular country
Why is it necessary for nations to have a way to
convert from one currency to another?
Converting currencies allows nations to buy and sell
goods
How is the gross domestic product affected if a
country doesn’t invest in human capital?
GDP will decrease when poorly trained workers
can’t do their jobs efficiently.
Define capital goods.
Factories, machines, and technology used to make
goods
How much oil is imported ot the US every day?
50%
How can countries benefit from belonging to OPEC? The price of oil stays high
What is an entrepreneur?
A person who starts a new business and is willing to
take a risk
Study Guide: Units 3 and 4