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5 Written questions

5 Matching questions

  1. Market Economy
  2. CIS
  3. Presidential Leadership
  4. Bureaucracy
  5. Federal Gov
  1. a Commonwealth of Independent States, replaced USSR in 1991
  2. b econ sys where gov role is small
  3. c balance of authority b/w central and local gov; if conflict arises, central gov wins
  4. d executive and legislative branches separate
  5. e all unelected gov workers

5 Multiple choice questions

  1. official currency of EU
  2. free to make own decisions; 1 of 4 concepts of nation
  3. 4 Broad Principles:
    1. Free Enterprise: choose own work/profession
    2. Private Ownership of the Means of Production: anything that makes or owns anything is owned by private individuals
    3. Profit Motive: ppl should be free to enjoy rewards of labor
    4. Competition: struggle b/w companies to sell goods/services; lower prices and better products
  4. pol unit w/ defined territory, organized under gov and enforces/makes law
  5. authority in the central gov with local gov weak (China, France)

5 True/False questions

  1. Fascismhated Communism, but was essentially the same; Hitler and Mussolini

          

  2. EUEuropean Union, an economic confederacy with no central body

          

  3. CommunismMarxist-Leninist Theory; gov controls everything
    1. Econ View of History: struggle b/w haves and have nots, Bourgeoisie and Proletariats
    2. Labor Theory of Value: cost and labor of product = selling value

          

  4. Socialism4 Broad Principles:
    1. Free Enterprise: choose own work/profession
    2. Private Ownership of the Means of Production: anything that makes or owns anything is owned by private individuals
    3. Profit Motive: ppl should be free to enjoy rewards of labor
    4. Competition: struggle b/w companies to sell goods/services; lower prices and better products

          

  5. Democracyall unelected gov workers

          

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