Chapter 1 Flashcards
Institution that makes and interprets laws that affect all the people in that state
Government
Economic system where economic decisions are made by both the government and buyers and sellers
Mixed market economy
Business owners
Bourgeoisie
Territory with the power to make laws superior to any power
State
Effort to influence the policies of government
Politics
Kings who share power with an elected legislature
Constitutional monarchy
Countries just beginning to get going industrially
Developing nations
Study of satisfying unlimited wants using limited resources
Economics
Rule by the people
Democracy
System where people have human rights and control through elections but government owns means of production
Socialism
General agreement
Consensus
Kings who have total power
Absolute monarchs
Divides power between national and state governments
Federal government
Government owns basic means of production and distribution
Communism
Rule by one person
Autocracy
Theory where people would surrender to the government the power needed for order and government would protect them
Social contract theory
Idea that God gave royalty the right to rule
Divine right
Rule by small select group of people
Oligarchy
Economic system based on freedom for the individual
Capitalism
Group of people United by race, religion and language
Nation
Government where people discuss issues and vote on them
Direct democracy
Countries that are advanced technology
Industrialized nations
Absolute power within its boundaries
Sovereignty
Name for a plan of government
Constitution
Group that has similar political views and try win elections
Political party
The statement of goals for a constitution
Preamble
Economic system where the government controls the means of production
Socialism
Name for the workers in an economic society
Proletariat
Government with a king or exporter
Monarchy