Identify that Government
Brazil is led by a president who is elected by the citizens. Citizens in Brazil elect a new president every four years. Citizens also elect representatives to serve in two different legislative bodies.
Democracy
In this type of government, there is a set of laws - often called a constitution - that the government must follow.
Limited
This is someone who purchases goods and services
Consumer
In this type of economy, people may get goods and services through trading
Traditional
Government and individuals share the economic decision making process
Mixed
One man leads North Korea and controls its government. He also controls its ruling political party. The ruling party chooses candidates for an Assembly, and citizens vote. The candidates do not have opponents, so citizens have no choices.
Dictatorship
In this type of government, citizens do not have many rights/freedoms, and the government maintains total control
Unlimited
This is someone who provides goods and services
Producer
In this type of economy, the government does not control businesses. Economic decisions are based on supply and demand.
Capitalism
Competition determines price and increases the quality of products
Market
Saudi Arabia is led by a king. The king appoints a Council of Ministers to help govern, but there are no elections. Saudi Arabia’s Basic Law states that the country’s constitution is the Islamic holy book the Qur’an and other religious traditions.
Monarchy
In this type of government, a small group of rich and powerful people control the country; citizens are not allowed to speak out against the government
Oligarchy
This is the amount of that product that is available to consumers
Supply
In this type of government, the government owns and controls businesses to share the wealth equally
Communist
Resources are owned by the government and prices are set by the government
Command
The people of Denmark elect representatives to sit in Parliament, a lawmaking body. The Queen of Denmark heads the country, but she only has a small role in government. The government is led by a Prime Minister, who is appointed from among the elected representatives.
Constitutional monarchy
(T/F) In a limited government, people have all the power
False
(+100 for explanation)
This is the amount of a product that consumers need and/or want to get
Demand
In this type of government, the goal is to spread wealth more evenly. To do this, the government owns and controls businesses on behalf of the people.
Socialist
An economic system where tradition and custom govern economic decisions
Traditional
[DOUBLE JEOPARDY] In Vatican City, the Pope is elected by the College of Cardinals. Upon his election, he serves as supreme pontiff of the Roman Catholic church and has complete civil and political authority in the state.
Theocracy
(T/F) In some unlimited governments, officials stay in power through military force
True
[DOUBLE JEOPARDY] This is another term often used to describe democratic governments
Republic
These are the four main things that contribute to an economy
land, labor, capital, and management
Private businesses are not controlled by the government, but they still have to follow the law
Mixed