A political system in which citizens periodically elect individuals to represent them in government.
What is a representative democracy?
A type of economy that can be found somewhere between market and command economy?
What is mixed economy?
The type of law that is based on tradition, precedent, and custom.
What is common law?
This country remains a one-party state ruled by the communist party, but it now operates with what is essentially a mixed economy.
What is China?
A political system that emphasizes collective goals as opposed to individual goals.
What is collectivism?
The sale of state-owned enterprises to private investors.
What is privatization?
A type of economy where the interaction of supply and demand determines the quantity in which goods and services are produced.
What is a Market Economy?
A system of law based on a very detailed set of written laws and codes.
What is Civil Law System?
This state was born in 1991 after the collapse of the Soviet Union.
What is Russia?
An emphasis on the importance of guaranteeing individual freedom and self expression.
What is individualism?
Those who believe socialism can be achieved only through revolution and totalitarian dictatorship.
Who are communists?
An economic system where the allocation of resources including determination of what goods and services should be produced and in what quantity is planned by the government.
What is Command Economy?
A system of law based on religious teachings.
What is theocratic law system?
This country was ruled by a military dictatorship between 1964 and 1985.
What is Brazil?
A form of government where one person or political party exercises absolute control over all spheres of human life and prohibits opposing political parties.
What is totalitarianism?
Those committed to achieving socialism by democratic means.
Who are social democrats?
This can cause a supply restriction that inhibits a market economy
What is a monopoly?
Violation of property rights through theft, piracy, blackmail, and the like by private individuals or groups.
What is private action?
Which country has the highest rate of corruption (constructed by Coruption Perceptions Index 2019)
What is Somalia?
A version of collectivism advocating that socialism can be achieved only through a totalitarian dictatorship.
What is communist totalitarianism?
Those who believe in public ownership of the means of production for the common good of society.
Who are socialists?
This type of economy tends to stagnate
What is command economy?
The extortion of income or resources of property holders by public officials, such as politicians and government bureaucrats.
What is public action?
This country is a hub for East Africa's economic, financial, and transportation.
What is Kenya?
A political system in which political power is monopolized by a party, group, or individual that governs according to religious principles.
What is theocratic totalitarianism?