A level key terms Flashcards
What does the term Republic mean?
A state where the people elected their representatives. These people have the power to remove them through voting.
What does the term Empire mean?
A collective group of countries where power is held with a single person, such as an oligarch or monarch
What does Reich mean?
Realm or kingdom
What does the term Anarchy mean?
Violent attacks by society due to lack of authority
What does Autocracy mean?
A system of government where one person has absolute power
What does boom mean?
When the economy is suddenly doing very well
What does conservatism mean?
A political ideology that favours free enterprise, private ownership and socially traditional values.
What does constituency mean?
An area of voters who all vote for one elected representative
What does does constitutional monarchy mean?
A form of monarchy that has powers limited by a constitution
What does democracy mean?
Having a fair vote with the main idea of society
What does deficit mean?
Amount by which something is short
What does the term economic depression mean?
Period of sustained and long term economic downturn
What does electorate mean?
Group of people eligible to vote
What does Exports mean?
Shipping/selling out from the country of origin
What does free trade mean?
International trade with no restrictions?