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?

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
What economic system does supply and demand guide?
Capitalism
26
Cape
a piece of land jutting into the sea or other large body of water
27
Arid
Being without moisture; extremely dry
28
Savannah
a grassy plain in tropical and subtropical regions, with few trees.
29
Apartheid
A system of segregation or discrimination on grounds of race
30
What are positives associated with European imperialism in Africa?
Built roads, schools, hospitals, and technology.
31
What are negatives associated with European imperialism in Africa?
Took power from traditional leaders
32
List some modern problems that the continent of Africa is facing today.
- Droughts - Less Trade - Famines