Lesson 1
True or False
A government maintains order by enforcing laws and punishing lawbreakers
True
What is a federal system?
Central government and states share government power 50-50%
What is a dictatorship?
one person has total control of the government
who founded capitalism?
Adam Smith
Which of the following activities would be considered a part of the government’s role in providing national security?
A. maintaining an army B. regulating mortgages
C. creating public schools D. funding fire departments
A
What is a confederate system?
States have more power than the central government
what is a monarchy?
type of government where a king, queen or emperor has power over the government
What is Capitalism
economic system in which private citizens own and use the factors of production in order to generate profits
What is the rule of law?
No one is above the law
What is a unitary system?
Central government has more power than states
What is democracy?
government where its ruled by the people
What is mixed economy?
economic system that combines elements of capitalism and socialism
Name one of the functions of government
Providing leadership
maintaining order
providing public service
providing national security
economic security
What type of system does the United States follow?
Federal system
What is a republic?
a government in which voters hold sovereign power; elected representatives, responsible to the people, exercise that power
What is communism?
an economic system in which factors of production are collectively owned and the central government directs all major economic decisions
What does providing public service mean?
providing services for people that they can't do on their own
examples: creating schools, fixing roads, public healthcare, sewer systems
What type of system was the United States before we created the constitution?
Confederate system
What type of government is the United States?
A republic
Name 3 types of factors of production?
1. producers, distributers consumers, labor, resources, financial capital, entrepreneurs,