Governments and Economies of South East Asia

Who makes most of the important government decisions in an autocracy?

The ruler

Which South East Asian country could be described as an autocracy?

North Korea

Which Asian countries have democratic systems of government?

India and Japan

Which branch of government is responsible for making and carrying out the laws in a parliamentary system of government?

legislature

The leader of a parliamentary system is often called the

prime minister

The leader of a parliamentary system is chosen by

the political party with the most representatives in the legislature

Which best describes the Japanese government?

Constitutional Monarchy

The Japanese parliament is called the

Diet

What sort of government is the People's Republic of China?

Communism

What is the name of the elected Chinese legislative assembly?

National People's Congress

Which country is the world's largest democracy?

India

North Korea's Supreme Commander is

Hereditary

Which country has a parliamentary democracy, a bicameral legislature, and had a caste system?

India

What group makes most of the important decisions in the government of China?

The Chinese Communist Party

The economies of China, Japan, and India can best be describes as

mixed

One of the the most successful parts of India's economy today is

technology and electronics

The Japanese economy has to make up for the country's lack of

natural resources

The economy of North Korea can best be described as mostly

command

What is the definition of a tariff?

a tax placed on goods coming into a country from another country to protect local merchants

What is the definition of human capital?

Skills and education the workers have

How has China's attitude toward entrepreneurship changed in the past several decades?

The government has become more open to the idea of allowing some free enterprise.

__________________________ encourages trade because no country can produce everything it needs.

Specialization

What is GDP?

the market value of all final goods and services produced within a country in a given period of time

What is a market economy?

A system were decisions are made by supply and demand by private citizens

Quota

limit on imported goods

Embargo

an official ban on trade with a particular country.

Technology

because Japan has limited natural resources, it must specialize in what?

Literacy Rate

The percentage of a country's people who can read and write.

standard of living

Quality of life based on ownership of necessities and luxuries that make life easier.

capital goods

goods that are used in producing other goods, rather than being bought by consumers.

currency exchange rate

the price of one country's currency in terms of another country's currency

China and India

difficult to start businesses in these countries due to strict govt regulations, cultural biases, and high taxes

state- sponsored education

What is one way N. Korea has invested in its human capital?

Natural Resources

Natural gas, petroleum, copper, iron are all examples of what?