Vocal Quiz Unit 6 Flashcards
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. These economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
Traditional Economy
is an economy in which decisions regarding investment, production and distribution are based on supply and demand, and prices of goods and services are determined in a free price system. The major defining characteristic of this kind of economy is that decisions on investment and the allocation of producer goods are mainly made through markets, not by the government.
Market Economy
An economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies. Most economies of this style can be described as market economies with strong government supervision, and many mixed economies feature a variety of government-run businesses and governmental provision of public goods like health care, but people can still own their own businesses.
Mixed Economy
an economic system in which decisions regarding production and investment are embodied in a plan formulated by a central authority, usually by a public body such as a government agency. Prices are set by the government.
Command Economy
denoting attitudes, activities, or other things that have no religious or spiritual basis.
Secular
a belief, creed or political ideology that involves an individual identifying with, or becoming attached to, one’s nation. It involves national identity, by contrast with the related construct of patriotism, which involves the social conditioning and personal behaviors that support the nation’s decisions and actions
Nationalism
A type of multi-national organization where negotiated power is delegated to an authority by governments of member states. The concept is sometimes used to describe the European Union (EU), as a new type of political entity.
Supranational Union
an economic and political union of 28 member states that are located primarily in Europe. It operates through a system of supranational independent institutions and intergovernmental negotiated decisions by the member states. It was founded in 1993 and has over 500 million residents and the world’s largest combined GDP.
European Union
Was a socialist state on the Eurasian continent that existed between 1922 and 1991, governed as a single-party state by the Communist Party with Moscow as its capital. A union of multiple subnational Soviet republics, it was known as a totalitarian, communist state until its fall in 1991.
Soviet Union
Rain that can damage the environment because it contains acid from factory smoke and car exhaust. Acid rain can damage plants, fish, animals, and even buildings.
Acid Rain
A form of energy that comes from nuclear reactions. Radiation has no smell or taste, but it can be very harmful to living things. Materials polluted with nuclear radiation are said to be radioactive.
Nuclear Radiation
The process of people moving to cities. It can also be called the increasing amount of people that live in urban areas. It predominantly results in the physical growth of urban areas, whether horizontally or vertically.
Urbanization
Pollution that starts in one country and crosses boundaries into other countries. Usually, it is carried by wind or water. An example of this would be nuclear radiation from the Chernobyl explosion in the Ukraine spreading all over Eastern Europe.
Transboundary Pollution
the transition to new manufacturing processes in the period from about 1760 to sometime between 1820 and 1840. This transition included going from hand production methods to machines, new chemical manufacturing and iron production processes, improved efficiency of water power, the increasing use of steam power and the development of machine tools. It also included the change from wood and other bio-fuels to coal. It began in England and within a few decades had spread to Western Europe and the United States.
Industrial Revolution
