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Study Guide for 6th Grade SS 4.5 Week Exam #3 ANSWER KEYI. Economic Systems1. 4 types of economic systems:Economic SystemDefinitionExampleTraditionalBased on customs and beliefsTribal villages in Africa & South America CommandGovernment makes all of the economic decisionsCuba, former Soviet UnionMarketPrivate businesses make all of the economic decisions No pure – US, UK, SingaporeMixedPrivate businesses are in charge, but government regulates themMost democratic countries6. Most democratic countries have which type of economic system? Mixed7. Most communist countries have which type of economic system? Command8. What are the 3 basic questions that every economic system must answer? What to produce?How to produce?Whom to produce it for?9. Define free enterprise. Which system is this found in? Competition between businesses; only found in Market economies10. What is bartering? Which economic system uses bartering to trade goods? Trading without using money; Traditional11. Which economic system is based on individual choice? Market12. Which European country is the closest to having a pure Market economy? United Kingdom II. Economic Growth (Gross Domestic Product)13. FactorDefinitionExampleHuman CapitalEducation, healthcare, training College, nurse, band practiceCapital GoodsThings that you sell or produceTechnology, factories, machines, space craftsNatural ResourcesGifts of natureTimber, oil, coalEntrepreneurshipSomeone who starts a businessWalt DisneyIII. GovernmentWhich government type allows citizens to have the greatest amount of political influence?DemocracyFreedom of speech is usually censored and controlled in which type of government?Dictatorship (Autocracy)In which system do local government bodies have the LEAST political power?UnitaryWhich system of government shares power between the central and local governments?FederalWhich type of democracy does the United Kingdom have?Parliamentary democracyWho is the leader of the UK’s government?Prime MinisterWhich two systems do NOT share power between the central and local governments?Unitary and ConfederationIn which type of government does the power rest with a small group of people?OligarchyHow is the leader of the country selected in a parliamentary democracy?Citizens elect members of Parliament, then Parliament selects the leaderHow is the leader of the country selected in a presidential democracy?Citizens directly elect (vote for) the leader.In which type of government are citizens MOST likely to choose their leader?Democracy (Direct)What is the common currency of the European Union?EuroWhat are the 3 benefits of joining the EU?Free trade, move anywhere you want, work anywhere you want, vote in elections even if you’re not a citizenWhat are 4 European countries that are NOT members of the EU?Iceland, Switzerland, Russia, TurkeyTermDefinitionExamplesUnitaryPower is held by one central authorityUnited KingdomConfederationA voluntary group of independent states that agree to some limitations of freedom in order to reach a common goalEuropean UnionFederalPower is shared between the central government and regional governmentsUS, RussiaAutocracyOne leader has all of the powerCuba, North KoreaOligarchyA small group has all of the powerFormer Soviet UnionDemocracyCitizens have the power (vote)UK, US, Germany, RussiaPresidential DemocracyCitizens directly elect the leaderRussia, USParliamentary DemocracyCitizens vote for members of Parliament, Parliament selects the leaderUKIV-ReviewWhat were the causes of the Russian Revolution? Differences among social and economic classes in RussiaWithdrawal from WWIPoverty, starvation, Overthrow of the czarCivil war and communismWhat were the reasons for Europeans establishing oversees colonies?God-To spread ChristianityGold-To gain wealth and trading partners Glory-To gain fame and land 3. What caused the growth of the African slave trade? European nations wanted the captured Africans to work on the plantations in their colonies.?4. Why are a strong navy and a large fleet of trading ships important parts of Great Britain's history? Its geographic location?5.?What were the contributions of Prince Henry? He provided money to study navigation, developed better boats, and encouraged voyages along the coast of Africa. 6. How has language influenced Europe?? Having many languages contributes to cultural diversity in Europe.?7. The three main religious groups in Europe are: Christianity, Islam, and Judaism?8. Why was Chernobyl, Ukraine abandoned? The nuclear power plant exploded and radiation levels were unsafe.?Scandinavian Peninsula English ChannelAlpsMediterranean Sea?lefttop????????????87651-France2-Germany3-Poland4-Italy5-U.K.6-Spain7-Ukraine8-Russia ................
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