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Government Chapter 26 vocab review. a planned, but sudden grab for power.

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Government Chapter 26 vocab review
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Page 1: Government Chapter 26 vocab review. a planned, but sudden grab for power.

Government Chapter 26 vocab review

Page 2: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• a planned, but sudden grab for power

Page 3: Government Chapter 26 vocab review. a planned, but sudden grab for power.

COUP

• a planned, but sudden grab for power

Page 4: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• farm in which the land is owned by the government but rented to a family

Page 5: Government Chapter 26 vocab review. a planned, but sudden grab for power.

COLLECTIVE FARM

• farm in which the land is owned by the government but rented to a family

Page 6: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• the sum of all goods and services produced in a nation in a year

Page 7: Government Chapter 26 vocab review. a planned, but sudden grab for power.

GROSS NATIONAL PRODUCT

• the sum of all goods and services produced in a nation in a year

Page 8: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• farm owned by the government and run like a factory, with farm workers being paid wages

Page 9: Government Chapter 26 vocab review. a planned, but sudden grab for power.

STATE FARM

• farm owned by the government and run like a factory, with farm workers being paid wages

Page 10: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• a nation only beginning to develop industrially

Page 11: Government Chapter 26 vocab review. a planned, but sudden grab for power.

DEVELOPING NATION

• a nation only beginning to develop industrially

Page 12: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• a nation that has an economic system, such as socialism, that provides many welfare programs

Page 13: Government Chapter 26 vocab review. a planned, but sudden grab for power.

WELFARE STATE

• a nation that has an economic system, such as socialism, that provides many welfare programs

Page 14: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• a nation that has had significant or rapid industrial growth in recent years

Page 15: Government Chapter 26 vocab review. a planned, but sudden grab for power.

NEWLY DEVELOPED NATION

• a nation that has had significant or rapid industrial growth in recent years

Page 16: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• the process by which a government takes control of industry

Page 17: Government Chapter 26 vocab review. a planned, but sudden grab for power.

NATIONALIZATION

• the process by which a government takes control of industry

Page 18: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• a condition that exists because society does not have all the resources to produce all the good and services that everyone wants

Page 19: Government Chapter 26 vocab review. a planned, but sudden grab for power.

SCARCITY

• a condition that exists because society does not have all the resources to produce all the good and services that everyone wants

Page 20: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• a person who takes a risk to produce goods and services in search of profit

Page 21: Government Chapter 26 vocab review. a planned, but sudden grab for power.

ENTREPRENEUR

• a person who takes a risk to produce goods and services in search of profit

Page 22: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• economic system in which customs dictate the rules for economic activity

Page 23: Government Chapter 26 vocab review. a planned, but sudden grab for power.

TRADITIONAL ECONOMY

• economic system in which customs dictate the rules for economic activity

Page 24: Government Chapter 26 vocab review. a planned, but sudden grab for power.

a business that controls so much of an industry that little or no competition exists

Page 25: Government Chapter 26 vocab review. a planned, but sudden grab for power.

MONOPOLY

a business that controls so much of an industry that little or no competition exists

Page 26: Government Chapter 26 vocab review. a planned, but sudden grab for power.

an economic system in which the government controls the factors of production

Page 27: Government Chapter 26 vocab review. a planned, but sudden grab for power.

COMMAND ECONOMY

an economic system in which the government controls the factors of production

Page 28: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• the difference between the amount of money used to operate a business and the amount of money the business takes in

Page 29: Government Chapter 26 vocab review. a planned, but sudden grab for power.

PROFIT

• the difference between the amount of money used to operate a business and the amount of money the business takes in

Page 30: Government Chapter 26 vocab review. a planned, but sudden grab for power.

• an economic system which allows buyers and sellers acting in their individual interests to control the factors of production

Page 31: Government Chapter 26 vocab review. a planned, but sudden grab for power.

MARKET ECONOMY

• an economic system which allows buyers and sellers acting in their individual interests to control the factors of production


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