10. Why is Sudan not a true Republic?
Votes don’t count & they are
ruled by a one party
dictatorship
11. Literacy rate refers to
• Ability to read and write
• More qualified work force
• Higher GDP and Standard of living
12. A person who takes a risk by
starting their own business is
An Entrepreneur
13. A country ruled by a person that
has complete and unlimited
power
Dictatorship – in an
autocracy
14. What is an Embargo?
A decision by one country to
eliminate all exports to and
imports with another country.
15. a form of government in which a
Deity (God) is recognized as the
supreme civil ruler
Theocracy
16. What are quotas, tariffs, and
embargos?
(Political) Trade Barriers
17. A country in which the powers of the central government are
restricted and in which the states, colonies, or provinces have
some self-government; ultimate power rests with the voters who
choose their governmental representatives
(India, United States, Germany, South Africa…)
Federal Republic
18. Name one of the most important
factors in the economic growth of
a country.
Literacy Rate, or ability to make
investments
19. a form of government in which the
citizens elect leaders and rule by
majority (United States)
Representative
Democracy
20. A government based upon
religious beliefs is BEST
described as an
Theocracy
21. Most jobs in the US and South
Africa are in what industry?
The Service Industry
22. What type of government controls
most aspects of its peoples life.
Authoritarian or
Autocracy
23. What type of government
citizens choose representatives
to make and enforce the laws
Representative Democracy
or Republic
32. What type of trade barrier is a Quota?
Political Trade
Barrier
33. What is a Political Trade Barrier
that places a tax on incoming
goods?
tariff
34. People who can work, solve
problems, and create businesses are
called what?
Human Resources or
Human Capital
35. Who benefits from trade restrictions placed
on imported goods?
Local companies that produce
the same products as the
imports-LIMITS competition
36. What is a common problem
with command economies?
Poor decision making by
government leaders on
answering the three main
Economic Questions
37. What are the three main
Economic Questions?
1.
2.
3.
What to produce/how much.
How to produce it.
For whom to produce it for.
38. Which African country that we have studied
have an Autocratic Government system?
Sudan
(Military Dictatorship)
39. Which type of government gives
its citizens the most power?
Democratic
40. Which type of government gives
its citizens the least power?
Autocratic
(Dictators and Absolute
Monarchs)
41. What type of government gives the king or
queen complete control?
Absolute Monarchy
42. What type of government gives the king or
queen very little control, they are more of
a figure head?
Constitutional Monarchy
43. What type of trade barrier is an Embargo?
Political Trade
Barrier
44. What is a common feature of
countries with strong economies?
High Literacy Rates
45. The US and other countries tried to
persuade the S. African Government
to quit its policy of Apartheid by
limiting trade with the country. What
type of political trade barrier is this??
Sanctions
46. African country have we studied
that could be considered an
Oligarchy prior to 1994???
South Africa
47. What system of government has a central
government that controls everything and power is
not shared between states, counties or provinces.
Unitary System
48. A buyer and user of goods and services is a…?
Consumer
49. In terms of international business,
if two countries offer the same
product, what influences which one
I purchase it from?
The price, ie…
The Exchange Rate
50. Give 4 examples of political trade
barriers…
1. Tariffs
2. Sanctions
3. Embargos
4. Quotas
51. .
What system of government is a voluntary
association of independent states that
agrees to follow a weak central
government.
Confederation System
52. What political trade barrier places a tax
on the goods or services coming into or
leaving a country?
• Tariffs
53. In what system of government is power shared
.by a powerful central government and states or
provinces are given considerable self rule,
usually through their own legislatures.
Federal System
54. What are three types of
governments?
1.Autocracy
2.Oligarchy
3.Democracy
55. In what type of government does a few people
such as a dominant clan or clique have power and
the group gets their power from either the
military, wealth, or social status. Also, elections
may be held but offer only one candidate?
Oligarchy
56. In what type of government is the
government “Ruled by the people” and
individual freedom and equality is valued.
Where free elections are held and decisions
are based on majority rule?
Democracy
57. •South Africa’s government operates as
a Federal Republic.
•Question-How is power distributed in
a Federal Republic?
In a federal republic, power is
divided between the national and
state or regional governments.
58. In what type of government is the
power to govern held by one person and
where the power to rule is generally
inherited or imposed by military force?
Autocracy
60. What is it called when countries trade
without any trade restrictions or
barriers?
Free Trade
61. What type of government is ruled
by a king or dictator?
Autocratic
62. How is a presidential democracy differ
from a parliamentary democracy?
• In a presidential democracy the
executive branch is separate
from the legislative branch.
63. What political trade barrier limits trade with a
particular country or specific business BUT
DOES NOT stop all trade with the country?
Sanctions
64. How is power distributed in a
one party state?
• It is not. This is an unitary
type of government with a
strong central government.
65. What political trade barrier limits the
amount of goods or services coming
into or leaving a country?
Quotas
66. What are two major forms of
democratic governments:
Parliamentary
Presidential
67. What are the three ways
governments distribute power:
1.Unitary
2.Confederation
3.Federal
