The Four Economic Systems

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Global Perspectives: Unit 1- Elements of Culture
Terms to Know:
Absolute Monarchy:
Anarchy:
Command system:
Commercial farming:
Communism:
Constitutional Monarchy:
Cultural Diffusion:
Culture:
Democracy:
Demographic Indicators:
Developed:
Developing:
Dictatorship:
Economic Indicators:
Embargo:
Esperanto:
Ethnicity:
Ethnocentrism:
Export:
Extended Family:
Globalization:
Gross Domestic Product:
Immigrant:
Import:
Infant mortality rate:
Industrialization:
Interdependence:
Language:
Life Expectancy:
Literacy Rate:
Market system:
Matriarchal:
Migration:
Mixed system:
Monotheism:
Nationality:
Nuclear Family:
Oligarchy:
Patriarchal:
Per-Capita:
Polytheism:
Race:
Racism:
Refugee:
Region:
Republic:
Sanctions:
Social Indicators:
Subsistence farming:
Theocracy:
Totalitarianism:
Traditional system:
Urbanization:
The Seven Elements of Culture:
1. Social organizations
2. Customs and Traditions
3. Language
4. Arts and Literature
5. Religion
6. Economic Systems
7. Forms of Government
The Five Regions
1. ME (Middle East)
2. A (Africa)
3. SEA (South East Asia)
4. E (Europe)
5. LA (Latin America)
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The Four Economic Systems:
1. Traditional
2. Command
3. Market
4. Mixed
The Ten Types of Government:
1. Anarchy
2. Constitutional Monarchy
3. Democracy
4. Absolute Monarchy
5. Republic
6. Dictatorship
7. Oligarchy
8. Totalitarianism
9. Theocracy
10.Communism
Skills and Content to Know
Identify the Seven Elements of Culture.
Define region and know the 5 Geographic Regions
Define and be familiar with the terms for this unit and future units
Discuss why societies need an Economic System
Define the four Economic Systems and where they are likely to occur
Discuss why societies need a Government System
Define the ten Government Systems and where they are likely to occur
Terms to Know
Absolute Monarchy
Communism
Culture
Developed
Economic Indicators
Ethnicity
Extended Family
Gross Domestic Product
Infant mortality rate
Literacy Rate
Migration
Nationality
Patriarchal
Refugee
Sanctions
Theocracy
Urbanization
Anarchy
Constitutional Monarchy
Democracy
Developing
Embargo
Ethnocentrism
Globalization
Immigrant
Industrialization
Market system
Mixed system
Nuclear Family
Polytheism
Region
Social Indicators
Totalitarianism
Per-capita
Command system
Cultural Diffusion
Demographic Indicators
Dictatorship
Esperanto
Export
Global interdependence
Import
Language
Matriarchal
Monotheism
Oligarchy
Racism
Republic
Subsistence farming
Traditional system
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