Latin America Government / Economics Quizlet

Citizen's rights in Cuba

Almost no freedom of speech or freedom of choice in government

Embargo

A complete stoppage of trade. The US has one of these with Cuba for over 60 years.

NAFTA

A free trade agreement with USA, Mexico, and Canada

Brazil's economy

A mixed economy because government owns some larger industries but private citizens own businesses also.

Physical capital

A new factory

Tariff

A tax on imported items

Citizen participation in Mexico

At least 102 political officials were killed in campaign related violence

Cuba's government

Autocratic government where the leader (president) can serve for many years

compulsory voting

Brazil and Mexico both require this, but only Brazil enforces it by law (You can be fined or lose your passport)

repressed

restrained, inhibited, oppressed

authoritarian

a government that enforces strict authority

A quota

a limit on imported items designed to raise prices and protect the local economy

Specialization

Cuba is one of the largest sugar producers in the world.

Traditional Economy

Decisions made according to customs and traditions of the past

Currency exchange

Different countries have different types of money

Democracy

Citizens have power through voting

Lula went to prison

Corruption in Brazil

Market economy

Entrepreneurs, citizens, and business leaders make important economic decisions

Command Economy

Government planners make all important economic decisions.

Parliamentary democracy

Has fusion of powers between executive and legislative branches of the government

Presidential democracy

Has separation of powers between executive and legislative branches of the government

Human capital

Healthcare for workers

Cuba's economy

Leans strongly towards command

Mexico's economy

Leans towards a market economy

Autocracy

One powerful leader controls the government.

Mexico's leader

President can serve on six-year term.

Brazil's leader

President can serve two four-year terms

Cuba's legislature (lawmaking body)

Unicameral National Assembly of people's power

Entrepreneur

Taking a risk by using your own money to start a business

Press freedom

The ability to say or write what you want in the news freely

suffrage

The ability to vote

Cuba

The word "regime" best describes which country's government (Cuba, Mexico, Brazil)?

Trade Barriers

Ways to limit or slow trade