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Trading goods and services without using money.
Bartering
A system of government where the head of state is elected directly by the people:
Presidential Democracy
A governing body responsible for making and passing laws:
Legislature
A ______________ allows citizens to elect their leader directly.
Presidential Democracy
A traditional economy relies on customs and traditions for its economic decisions.
True
A system of government where citizens elect representatives, and the legislative body selects the head of government:
Parliamentary Democracy
A government controlled by a single individual with full power.
Autocracy
A legislative body in a parliamentary democracy.
Parliament
The ______________ is responsible for making and passing laws in most governments.
Legislature
In a command economy, the government has little to no control over production.
False
Economic decisions based on supply and demand with minimal government intervention.
Market Economy
A severe shortage of food affecting a large population:
Famine
Combines elements of command and market economies.
Mixed Economy
A ______________ relies on customs and traditions to shape its economic decisions.
Traditional Economy
Bartering involves the use of money for trading goods and services.
False
A governing system where citizens actively participate in decision-making.
Democracy
In a _______, goods and services are exchanged without money.
Traditional
The ability of a government to remain in power and function effectively over time:
Government Stability
______________ refers to the resilience and strength of a government to remain effective over time.
Government Stability
A democracy is a system where power rests with the citizens.
True
In a _______, one individual holds all power and citizen participation is minimal.
Autocracy
In a _______, the government controls the production and distribution of goods.
Command economy
A _______ system ensures citizens have the right to vote and influence the government.
Democracy
In an ______________, a single person holds unlimited power over the government.
Autocracy
Government stability is unrelated to the success of a country’s economy.
false