Unit 5 Fast & Curious Vocabulary

Economy in which the government and/or high ranking business leaders control the production and distribution of goods and services

• command economy

• market economy

• cultural diffusion

• federation

A title that roughly corresponds to emperor and is associated primarily with rulers of Russia

• Tsar (Czar)

• Empire

• Communism

• Federation

A political unit where large numbers of people of different ethnicities living in different areas are controlled by one ruler

• Empire

• Cultural Diffusion

• Federation

• Tsar (Czar)

Economic system characterized by freedom for consumers and producers

• Market Economy

• Command Economy

• Communism

• Federalist Government System

Government characterized by a constitution that divides power between a central government authority and smaller regional subdivisions of government, such as states or provinces

• Federalist Government System

• Communism

• Cultural Diffusion

• Tsar (Czar)

The process of spreading cultural traits from one region to another

• Cultural Diffusion

• Empire

• Command Economy

• Federation

A type of government (and economic system) where individual people do not own land, factories, or machinery. Instead, the government or the whole community owns these things. Wealth that is created is meant to be shared.

• Communism

• Empire

• Market Economy

• Federation

A union of self-governing states

• Federation

• Empire

• Tsar (Czar)

• Market Economy