Economic 1
a person who purchases goods and services or personal use
consumer
actions or activities that one person performs for another
services
set of laws that define and often limit the government's power
constitution
government
production of crops, livestock or poultry that allows for division of labor
agriculture
basic and non-basic business are privately owned
capitalism
products that are manufactured and that consumers can buy and own
goods
a form of government in which citizens rule directly and not through represenatatives
direct democracy
a system of government in which citizens elect representatives, or leaders, to make decisions about the laws for all the people
representative democracy
a group's skills and customs; a way of doing things, frequently change over time
cultural trait
the government owns most basic industries
socialism
a system of for producing and distributing goods and services to fulfill peoples's wants
a king or queen rules the country; inherited at birth, limited powers
monarchy
ruler who has complete power over a country
dictatorship
changing and altering the environment to improve daily life
culture landscape
the central government owns all property such as farms and factories for the benefit of its citizens
technology
beliefs, customs and traditions of a specific group of people
culture