Unit 6 Test Review KEY
Your test will be on Thursday, January26, 2017
1. What type of economy existed during the time of the Soviet Union? __Communist______
2. What landform separates Europe side of Russia from the Asia side of Russia? ___Ural Mountains______
3. Where do most of the people live in Russia? _West______
4. Why do most of the people live on the west side of Russia? ___The top part of Russia is frozen most of the year.______
5. What is capital and how do you raise capital for a business? _Money – loans, investments, save up borrow from friend or family______
6. What are the 4 benefits to a Free Enterprise System? Profit Motive, Private Property, Economic Freedom, Voluntary Exchange______
7. What type of government does Russia have? __Federation______
8. What did the Soviet Union focus on producing in their economy? _Military Supplies______
9. What is an entrepreneur? _One who organizes, manages, and assumes the risks of a business.______
______
10. Why is Kaliningrad important. _Remains ice free year round______
11. What are the characteristics of an unlimited government? _Rule has all of the power, no Constitution, no elections, human rights nor upheld
12. What are the characteristics of a limited government? __Rule is limited in their power, has a constitution, elections are held, human right are protected______
13. What is a Rule by Few? _Oligarchy, ruled by a small group of people, military leaders constitute a Junta.
14. What is a Rule by Many? _Democracy and Republic, ruled by a president, ruled by many because people get to vote on the leader______
15. What is a Rule by One? Dictator or absolute monarchy, ruled by one person only______
16. Why does a Mixed Economy exist? __When the economy is changing from one type to another ______
17. What are the advantages of a Collective Farm during the Soviet Union time? _Lower wages, fewer workers, could collect more easily and grow more food___
18. What are non renewable resources and give examples? A resource that cannot be remade once used up – oil, coal, natural gas, ______
19How does the Russian Federation compare to the United States? _Constitution, Free Enterprise System, Branches of government______
20. Who owned the farms when the Soviet Union was in charge? __The Government______
21. Today who makes the decisions in Russia about businesses?_Business owners______
22. Be able to correctly label Russia, Ukraine, Kazakhstan, and Arctic Ocean correctly.