Unit 5: Forms of Government|Government & Economic Syste,

Front

Which of the following describes a Unitary system of government?

Back

A centralized government where most powers are held by a national authority.

Front

What is the difference between a Federal and Confederal system of government?

Back

A Federal system has shared power between central and regional governments, while a Confederal system has a weak central authority with strong independent states.

Front

Which system of government does Oceania have?

Back

Unitary

Front

Which system of government does Gregorvia have?

Back

Confederal

Front

Which system of government does Oceania have?

Back

Federal

Front

Which economic system is being described? In Libertyland, businesses are privately owned, and people are free to start their own companies. The government doesn't control prices but ensures fair competition. People earn money based on their business success or by working for others.

Back

Capitalism

Front

Which Economic system is being described? In the country of Mali, all businesses and resources are owned by the government. The government decides what goods are produced, how much to produce, and sets prices. People work for the state and receive wages based on their needs, not on how much they produce. There is no private property, and wealth is shared equally among everyone.

Back

Communism

Front

What is a free market economy?

Back

an economic system characterized by voluntary exchanges and minimal government control.

Front

What is a mixed economy??

Back

A system where both private businesses and the government share control over the production and distribution of goods and services.

Front

Which type of economic system does North Korea have?

Back

Command economy