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Social Studies Vocabulary Flashcards All vocabulary words go on the front of the card – All definitions go on the back Words in red are key words (not the full definition – just a 2-3 word hint to help you remember) – highlight these on your flashcards
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Social Studies Vocabulary Flashcards All vocabulary words go on the front of the card – All definitions go on the back Words in red are key words (not the full definition – just a 2-3 word hint to help you remember) – highlight these on your flashcards Words in blue are your Greek & Latin words – you are responsible for knowing these NO SHORTCUTS – YOU MUST WRITE EVERYTHING ON THE SCREEN! If you are absent any day we do vocabulary this year it is your responsible to get a copy of the words and definitions from me AND get the red and blue notes from a friend!
The exact spot on Earth where something is found, often stated in latitude and longitude
An economy in w/the gov’t owns most of the industries and makes most of the economic decisions
An economy in w/ business owners and consumersdecide what to make, sell and buy
An exchange of goods and services based on at least two other types of economic systems
In international trade, this is the limit put on the amount of a specific good that can be imported
a trade barrier in which one country announces that it will no longer trade with another country in order to isolate and cause problems in that country's economy.
An area of expertise. Most countries spend their efforts in producing those goods and serves they can best and most efficiently produce. Then they trade with other countries for those things they don't produce
Gross Domestic Product (GDP)
A physical asset which can be used to produce goods and services
People who use their money and talents to start a new business
Confederation Con/com = together Federate = covenant, league or alliance
Federal Federate = covenant, league or alliance
Type of government in w/ statesdesignate control to a central authority
Autocratic auto = self cratic/cracy = rule
Oligarchic oligoi = few arkhein = to rule
Gov’t of the few, usually ruled by the wealthy
Democratic demo = common people cratic/cracy = rule
Referring to the highest office of a government; power is constitutionally kept separate from legislature
Supreme power is held by legislature, who are elected by citizens, the leader is the Prime Minister.