Unit 4 PMA part 2

What was the "Iron Curtain"?

• A code name for the Allied Forces invading Europe

• A boundary line dividing the Communist East from the Democratic West

• A Russian term to describe their market economy

He led the Bolsheviks to power and eventually became the leader of the Soviet Union.

• Vladimir Lenin

• Woodrow Wilson

• Franklin D. Roosevelt

• Joseph Stalin

What happened after the fall of the Berlin Wall?

• Germany was reunified, and Eastern Europe transitioned away from communism.
• Eastern Europe became more communist after the fall.

• Germany remained divided for another 30 years.
• The Berlin Wall was rebuilt shortly after its fall.

Berlin Airlift occurred during...

• World War II

• World War I

• The Cold War

• Vietnam War

After 1917 Russia, became known as ______ _______

• Nazi Germany

• Imperial Russia
• Tsarist Russia
• Soviet Union (USSR)

Define: Factors of Production

• Government rules and regulations

• Natural disasters

• Reasons why a consumer would buy a product

• The resources used to produce goods and services

What did the fall of the Berlin Wall symbolize?

• Increased communism around the world

• decrease communism around the world

• Berlin wall was never built

• The Berlin Wall is still standing as of today

-The government provides for basic needs

-There are limited choices

-Product quality is often poor due to lack of incentives for workers

These are characteristics of what kind of economy?

• Command/Communist Economy

• Free-Market Enterprise Economy

-Euro as a common currency

-Immigration policy

-Eliminating the trade barriers

Were topics that were discussed in the _________ _________

• League of Nations

• United Nations

• European Union

• NATO

-Lots of jobs

-incentives to do well

-unemployment

Are all characteristics of a _________ ________ economy.

• free-enterprise economy

• command/communist economy