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SE Asia Unit 3. Review. Name the three systems of government that determine how power is distributed. Federal Unitary Confederation. Name the three types of government that determine citizen participation. autocracy oligarchy democracy.
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SE Asia Unit 3 Review
Name the three systems of government that determine how power is distributed. Federal Unitary Confederation
Name the three types of government that determine citizen participation. autocracy oligarchy democracy
What system of government is power shared between the central and local governments? Federal
What system of government is power mainly held by the central government? Unitary
What system of government is power mainly held by local governments? confederation
What is citizen participation and personal freedoms like in an autocracy? Little to none
What SE Asia country could be classified as an autocracy? North Korea
What type of government is ruled by a small group? Oligarchy
What is citizen participation and personal freedoms like in an oligarchy? Little to some
What SE Asia country could be classified as an oligarchy? China
What is citizen participation and personal freedoms like in an democracy? full
What SE Asia country could be classified as an democracy? Japan India
What type of government does Japan have? Constitutional monarchy
What power does the emperor have in Japan? No real power, his role is symbolic
What type of government does China have? Communist state
Who participates in government in China? Members of the Chinese Communist Party
What type of government does India have? Federal Republic
Name the main economic systems • Traditional • Market • command
What three questions do these economies answer? • What to produce? • How to produce? • For whom to produce?
In what type of economic system do individuals make the decisions? market
In what type of economic system does the government make the decisions? command
In what type of economic system is based on custom and only what is needed is produced? traditional
Why are all economies mixed? Countries need some aspect of market to be economically successful and some aspects of command to protect citizens
Describe the main industries for Japan technology
Describe the main industries for India Technology and service industry
Describe the main industries for China Consumer goods and agriculture
What is the impact of Japan having little natural resources? • They specialize in technology • They must import their food
Why must there be a system of exchanging currency for international trade to occur? Because countries have different types of currency worth different amounts
What happens to a country’s GDP when companies and countries invest in capital goods? It increases
How has China’s view of entrepreneurship changed since the death of Mao Zedong? They’ve allowed more private ownership and foreign investment(more aspects of a market economy)
Describe problems India’s economy faces. Poverty, overpopulation, pollution
How does specialization increase trade between countries? • Countries can produce those things they make best and trade with others for what they need
Name the three political trade barriers. • tariff • quota • embargo
What is a tariff? A tax on trade
What is a quota? A limit of the amount of goods traded
What is a embargo? A halt on trade due to political reasons
Why do people make investments? To make money
When can credit become a problem? When a person has borrowed so much credit that they cannot pay their monthly bills
What is credit? Borrowing money(interest is charged)
What is savings? • Money left over after buying what is wanted and needed
What is income? Money you earn from working or investing
What is investment? Money used to buy something that you expect to increase in value over time.
What is specialization The products a country makes best
What is entrepreneurship • The ability to take a risk to create a new business or product
What is GDP? • Gross Domestic Product • The amount of good or services produced in a country
What is human capital? • The skills and training that make is possible for workers to do their jobs
What are capital goods? • The factories, machines, and technology that people use to make products