Africa Flashcards

1
Q

What are the 4 types of economic systems?

A
  1. Traditional
  2. Capitalism
  3. Socialism
  4. Communism
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2
Q

What are the features of Traditional Economy?

A
  • used by earlier civilizations and less developed countries

- Subsistence living

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3
Q

What are the features of Capitalism?

A
  • free market system

- private ownership of property and/or business

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4
Q

What are the features of Socialism?

A

a theory of advocating some government control (regulation) of economic activity.

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5
Q

What are the features of Communism?

A

Higher stage of socialism

Socialism of Steroids

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6
Q

Which economic system has classes?

A

Capitalism

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7
Q

What kind of economic system does the U.S have?

A

Mixed economy, Capitalism+Socialism

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8
Q

What do capitalists use to demonize communism?

A

Propaganda

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9
Q

What is the definition of political systems?

A

A system of government; a form of rule over people.

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10
Q

What are the different governmental systems? (8)

A
  1. Democracy
  2. Autocracy
  3. Oligarchy
  4. Theocracy
  5. Fascism
  6. Plutocracy
  7. Anarchy
  8. Monarchy
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11
Q

What are the basic features of Democracy?

A
  1. Direct
    -Everyone has a say in government
    Ex: Ancient Greese
  2. Republic
    -Representatives
    Ex: USA
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12
Q

What are the basic features of Autocracy?

A
  1. Totalitarian
    - Has a supreme leader
    - government tries to control everyone’s life
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13
Q

What are the basic features of Oligarchy?

A

Led by a group of people

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14
Q

What are the basic features of Theocracy?

A

Ruled by religion

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15
Q

What are the basic features of Fascism?

A

Led by a dictator

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16
Q

What are the basic features of Plutocracy?

A

Ruled by the wealthy

17
Q

What are the basic features of Anarchy?

A

No government

18
Q

What are the basic features of Monarchy?

A
  1. Absolute Monarchy
    -ALL POWERFUL
    Ex: King Salman
  2. Constitutional or limited
    -little or no power
    Ex: Canada
19
Q

What is the role of government?

A

To serve and protect

20
Q

What are 4 ways we are globally connected?

A
  1. Transportation
  2. Economics
  3. Communication
  4. Migration
21
Q

What % of trade travels by water?

A

90%

22
Q

Who are the top 5 trading partners with the U.S

A
  1. Canada
  2. China
  3. Mexico
  4. Japan
  5. Germany
23
Q

Define Globalization

A

How trade and technology have made the world into a more connected and interdependent place.

24
Q

How does supply and demand work?

A

Explains the interaction between the sellers of a resource and the buyers for the resource

25
Q

What economic system does supply and demand guide?

A

Capitalism

26
Q

Cape

A

a piece of land jutting into the sea or other large body of water

27
Q

Arid

A

Being without moisture; extremely dry

28
Q

Savannah

A

a grassy plain in tropical and subtropical regions, with few trees.

29
Q

Apartheid

A

A system of segregation or discrimination on grounds of race

30
Q

What are positives associated with European imperialism in Africa?

A

Built roads, schools, hospitals, and technology.

31
Q

What are negatives associated with European imperialism in Africa?

A

Took power from traditional leaders

32
Q

List some modern problems that the continent of Africa is facing today.

A
  • Droughts
  • Less Trade
  • Famines