Unit 5 Vocabulary

Who is a ruler with absolute power?

• Teacher

• Dictator

• President

• Prime Minister

Where the government owns all of the natural resources and there is no privately owned property or businesses

• Democracy

• Neverland

• Socialism

• Communism

What is a government system that has one ruler who holds all of the power to make decisions for their country?

• Autocracy

• Oligarchy

• Democracy

• Dictatorship

Who is a person who legally belongs to a country and has the rights and protection of that country?

• Alien

• Immigrant

• Citizen

• Visa Worker

What is it when someone is doing things that are dishonest or illegal in order to make money or to gain or keep power

• Corrupt

• Stealing

• Gerrymandering

• Cheating

What is a 0-100 scale which ranks world economies from most command-leaning (0) to most market-leaning (100)

• Economic Computer

• Economic Power

• Economic Continuum

• Economic Calculator

What are the quantities of a good or service that a firm is willing and able to make available for sale at different prices.

• Supply

• Demand

• Tariff

• Embargo

What is the desire and ability of individuals to purchase economic goods or services at the market price; along with supply, one of the two key determinants of price.

• Ethic

• Demand

• Trade

• Embargo

The political trade barrier where one country places a total ban on trade against another country is called

• Tariff

• Supply

• Embargo

• Trade

What is it when an attempt by a group of people to take over the government usually through violence?

• Coup

• Fight

• Military General

• Demands