What defines a country as a sovereign political entity?

A country governs itself independently, has defined borders, its own legal system, and full control over internal and external affairs.

Fill in the blank: The capital city serves as the primary ___ of a country.

Administrative center.

True or False: Currency is only used for international trade.

False. 

Currency is used as a medium of exchange for goods and services both domestically and internationally.

What roles do currencies play in a nation's economy?

Currencies facilitate trade, allow the purchase of goods and services, enable tax payments, and help settle debts.

Fill in the blank: The value of currencies can fluctuate due to factors such as ___, ___, and ___ rates.

Economic conditions, inflation, and interest rates.

How does the capital city contribute to a country's cultural identity?

It hosts key government buildings, represents national history and values, and attracts cultural events and tourism.

True or False: All countries have the same type of currency.

False. 

Each country has its own specific currency that reflects its unique economic conditions and policies.

What is the significance of a capital city?

It centralizes governance, serves as the political and economic hub, and represents cultural and historical identity.

Fill in the blank: Examples of currencies used around the world include ___ and ___.

Dollars and Euros.

How is inflation related to currency value?

Inflation reduces the value of currency and can cause its exchange rate to fluctuate.