Download Units 7 and 8: Study Guide 1.The central government holds most of

Units 7 and 8: Study Guide
1.The central government holds most of the power under a ______________ government system.
2. People play a role in deciding who rules under a _______________ form of government which gives
the people power.
3. Who are the decision makers in an oligarchy?
4. Who holds the power in a federal government system?
5. Who makes most of the decisions in an autocratic government?
6. What is a dowry?
7. The rate of _________ infection is among the highest in the world.
8. Many of the African children become ____________ as a result of their parent’s infection.
9. Why don’t more Africans take antiretroviral drugs for the HIV/AIDS infection?
10. The leader of a parliamentary system is called a ___________ _____________.
11. The ____________ is supposed to enforce the laws in a presidential form of government.
12. Which branch of government passes laws in a presidential system of government?
13. A ceremonial figure without much actual power best describes the head of state under a
____________________ government system.
14. Name the two forms of democratic government.
15. Why has the Republic of Sudan paid little attention to education?
16. When farming is disrupted during political conflicts, _________ is a problem due to a loss in food.
17. When economic decisions are based on customs it is called a _________________ economy.
18. When economic decisions are based on consumers, it is called a _______________economy.
19. When economic decisions are based on government planners, it is called a __________ economy.
20. Because most countries are a combination of market and command, they are referred to as
___________ economies.
21. Encouraging specialization and more profits are a result of _____________ trade.
22. Why is specialization so valuable in international trade?
23. Define tariff.
24. Define quota.
25. Define embargo.
26. Why would placing a high tariff on imported grain help the people of a country that produced grain
locally?
27. Why did many countries of the United Nations have an embargo on South Africa?
28. Why is a system of currency exchange necessary for international trade?
29. What is human capital?
30. Define gross domestic product (GDP).
31. What are capital goods?
32. What is an entrepreneur?
33. Define income.
34. Define savings.
35. A plan for saving and spending is called a ____________.
36. When an individual invests money in certificates of deposit, mutual funds or bank accounts, it is
called a _____________ investment.
37. The ability to borrow money is called __________.
38. When businesses invests money in equipment, it is called ________ investment.
39. How can credit become a problem?
40. What are the three basic economic questions?