1. SE ASIA – Unit 3 REVIEW Government & Economics

2. In a Unitary government system, who has most of the power?

3. In a Unitary government system, who has most of the power?
the central government

4. In a Confederation government system, most of the power is in the hands of the ________.

5. In a Confederation government system, most of the power is in the hands of the ________.
local government

6. How is government power handled in a Federal form of government?

7. How is government power handled in a Federal form of government?
Power is shared among different levels of government.

8. Who makes most of the important government decisions in an autocracy?

9. Who makes most of the important government decisions in an autocracy?
the ruler

10. Which SE Asian country could be described as an autocracy?

11. Which SE Asian country could be described as an autocracy?
North Korea

12. Who makes most of the important governmental decisions in an oligarchy?

13. a small group of leaders
Who makes most of the important governmental decisions in an oligarchy?
a small group of leaders

14. Which SE Asian country could be described as an oligarchy?

15. Which SE Asian country could be described as an oligarchy?
CHINA

16. Why do the individual voters have more power in a democracy than they do in an autocracy or an oligarchy?

17. The voters get to choose the people who make the laws.
Why do the individual voters have more power in a democracy than they do in an autocracy or an oligarchy?
The voters get to choose the people who make the laws.

18. What type of government does Japan have?

19. What type of government does Japan have?
a constitutional monarchy

20. What role do the people play in the government of Japan?

21. What role do the people play in the government of Japan?
The people have ultimate power through elections

22. What type of government is the People’s Republic of China?

23. What type of government is the People’s Republic of China?
A communist oligarchy

24. In the People’s Republic of China, what group makes most of the important decisions in the government?

25. The Chinese Communist Party
In the People’s Republic of China, what group makes most of the important decisions in the government?
The Chinese Communist Party

26. How are economic decisions made in a traditional economy?

27. How are economic decisions made in a traditional economy?
based on customs & habits

28. In a command economy, how are economic decisions made?

29. In a command economy, how are economic decisions made?
government planners

30. Who makes the economic decisions in a market economy?

31. Who makes the economic decisions in a market economy?
Businesses and consumers

32. What is the best way to describe the economic system of China?

33. What is the best way to describe the economic system of China?
MIXED

34. What type of economic system exists in India?

35. What type of economic system exists in India?
MIXED

36. Japan has a _________ economic system.

37. Japan has a _________ economic system.
MIXED

38. The economy of North Korea could best be described as mostly _____.

39. The economy of North Korea could best be described as mostly _____.
COMMAND

40. In what areas has India become a world ECONOMIC leader?

41. In what areas has India become a world ECONOMIC leader?
the technology & service industries

42. What are two persistent problems facing India’s economy?

43. What are two persistent problems facing India’s economy?
OVERPOPULATION &
POVERTY

44. Why is investment in capital goods so important for the economy of Japan?

45. Why is investment in capital goods so important for the economy of Japan?
Japan’s economy depends heavily on industry & must be updated to be competitive.

46. Why do most economies in the world today operate somewhere in between a market and a command economic system?

47. Why do most economies in the world today operate somewhere in between a market and a command economic system?
Most countries have found they need a mix of free market & some government control to be successful and to
protect consumers.

48. Describe an entrepreneur.

49. Describe an entrepreneur.
Someone who is willing to take a risk
to begin a new business

50. What are capital goods?

51. What are capital goods? Items/tools used for the production of goods
i.e., factories, machines. etc.

52. Define Gross Domestic Product.

53. Define Gross Domestic Product.
the total value of goods and services a country produces in a year

54. What is human capital?

55. the skills and education the workers have
What is human capital?
the skills and education the workers have

56. What is a quota?

57. What is a quota?
A quota is a limit placed on the number of foreign- produced goods that are allowed into a country.

58. Define tariff.

59. Define tariff.
A tariff is a tax placed on goods coming into one country from another country.

60. What is a trade embargo?

61. What is a trade embargo?
A halt to trade with a particular country for economic or political reasons

62. Why does economic specialization make trade between countries easier?

63. Why does economic specialization make trade between countries easier?
It allows countries to produce those things they do best and trade with others for what ever else is needed.

64. Why is it important for nations to have a system to convert from one currency to another?

65. Why is it important for nations to have a system to convert from one currency to another?
It encourages trade by making it possible to buy and sell goods between nations with different types of currency (money).

66. Who makes the major economic decisions in North Korea?

67. Kim Jung-Un, the dictator.
Who makes the major economic decisions in North Korea?
Kim Jung-Un, the dictator.

68. Japan’s geography consists mainly of mountains, limiting agricultural activity in the country. What must Japan do in order to provide for the needs of its citizens?

69. Import food from other countries that specialize in farming.
Japan’s geography consists mainly of mountains, limiting agricultural activity in the country. What must Japan do in order to provide for the needs of its citizens?
Import food from other countries that specialize in farming.

70. How could a high tariff on imported grain help the people in the country charging the tariff?

71. How could a high tariff on imported grain help the people in the country charging the tariff?
Local farmers would be able to sell their grain since it would be cheaper than imported grain.

72. South Korea is a republic, while North Korea is a communist dictatorship. How are leaders chosen in these two countries?

73. In South Korea, citizens elect their leaders.
South Korea is a republic, while North Korea is a communist dictatorship. How are leaders chosen in these two countries?
In South Korea, citizens elect their leaders.
In North Korea, citizens do not elect their leaders.

74. Which Southeast Asian country still has an emperor?

75. Which Southeast Asian country still has an emperor?
Japan.

76. A national government as well as 28 state governments.
The leader of each legislature’s majority is appointed governor by the president.
Citizens of each state elect state legislatures.
Which system of government does India have?

77. Federal A national government as well as 28 state governments.
The leader of each legislature’s majority is appointed governor by the president.
Citizens of each state elect state legislatures.
Which system of government does India have?
Federal

78. What is one main difference between a president and a prime minister?

79. What is one main difference between a president and a prime minister?

80. What is one main difference between a president and a prime minister?
A president is in a separate branch of government while a prime minister is part of the legislative branch.

81. STUDY...STUDY...STUDY!