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