What is a democracy?
Government by the people
What is a Market Economy?
private citizens own the factors of production
What is a Parliamentary System?
Government. with legislative branch with authority of the executive branch
Legislative branch chooses the Prime Minister for the Executive Branch
How does an Authoritarian system divide power?
political system in which obedience to the ruler/govt. is strictly enforced
What is autocracy?
One person or small group of people that may use force to stay in power
What is a Traditional Economy?
What is a Confederation?
- a group of loosely allied states (United Nations)
- Central/National government is weak in this system
What is a dictator?
exercises complete control of a state
police/military instrumental in maintaining power
How are decisions made in an autocracy?
In an autocracy, decisions are made quickly since the leader doesn’t need to consult others
What is a Command Economy?
govt. makes decisions on what, how, and for whom to produce
-Old Soviet Union, Cuba, China, North Korea are Examples
What are the Articles of Confederation?
set up first govt./constitution in the U.S.
What is Socialism?
The belief that factors of production should be owned by society, either directly or through government
What is a Monarchy?
king or queen who rules a country
What is a totalitarian state?
hereditary rulers (king or queen or emperor) with unlimited authority,
How does a Unitary system divide political power?
What is Communism?
A system in which Karl Marx believed in a classless, ungoverned society in which property would be held in common