<p> SLM - Unit 5 – Government and Economics in Southern & Eastern Asia </p><p>Key Learning 1. Humans, their society, and environment affect each other. 2. Governments are organized differently in each nation and can impact a nation’s economic, cultural, and historical development. Unit EQ 1. How do humans, their society, and environment affect each other? 2. How are governments organized differently in each nation and impact their nation’s economic, cultural, and historical development?</p><p>Concept Concept Concept Government Economy Natural Resources (SS7CG6, SS7CG7) (SS7E8, SS7E9, SS7E10a,b,d) (SS7E10c) Lesson EQ’s Lesson EQ’s Lesson EQ’s  How do governments distribute power?  What are the economic structures of a  What is the role of natural resources in a  How do governments determine citizen federal republic, communist state, and a country’s economy participation? constitutional monarchy?  What are the characteristics of the two  What are the similarities and differences primarily democratic governments? between a traditional, command, and market economy, and a mixed command and market economy?  Identify the characteristics of the economies of China, Japan, India, and North Korea.  Why is it important to have a system for currency exchange in international trade?  How does specialization encourage trade between countries?  How do tariffs, quotas, and embargos act as trade barriers?  What is the relationship between investment in human capital, capital goods, and GDP?  What is the role of entrepreneurship in SE Asia?</p><p>Vocabulary Vocabulary Vocabulary government, central power, unitary, self- traditional economy, command economy, arable farming, terrace farming, natural governing rights, confederation, federal, market economy, barter, free-enterprise, resources, autocracy, oligarchy, democracy, parliamentary capitalism, laissez-faire, mixed economy, democracy, presidential democracy, continuum, collective farms, Mao Zedong, panchayats, communist, dictatorship, National Cultural Revolution, Great Leap Forward, Four People’s Congress, premier, constitutional Modernizations, Special Economic Zones, Green monarchy, prime minister, cabinet Revolution, outsourcing, Ministry of International Trade and Industry, Kim Jong-Il, cooperatives, specialization, trade barrier, import, protective tariff, tax, quota, embargo, international trade, currency exchange rate, investment, human capital, capital goods, Gross Domestic Product, entrepreneurs</p>