Chapter 2/3 Vocab Flashcards
Democracy
A system of government in which citizens exercise supreme power, acting either directly on their own or through elected representatives.
Monarchy
A system of government in which a single rule exercises supreme power based on heredity or divine right. In a monarchy, the right to rule passes from one generation of the ruling family to the next.
Dictatorship
A system of government in which a single person or group exercises supreme power by controlling the military and police.
Market economy
An economic system that relies mainly on markets to determine what goods and services to produce and how to produce them.
Traditional economy
An economic system in which decisions about what to produce and how are made on the basis of customs, beliefs, and tradition.
Republic
A nation in high supreme power rests with the citizens and is exercised by their elected representatives.
Parliament
A legislative assembly in which elected representatives debate and vote on proposed laws. The name comes from the French tee, Parler, meaning “to talk.”
Command Economy
An economic system that relies mainly on the central government to determine what goods and services to produce and how to produce them.
Representative government
A political system in which power is exercised by elected leaders who work in the interests of the people.
Rule of law
The principle that government is based on clear and fairly enforced laws and that no one is above the law.
Limited government
A political system in which the power exercised by the government are restricted, usually by a written constitution.
Individual rights
The rights and liberties that can be claimed by individuals by virtue of being human. Such rights are also sometimes referred to as natural rights or human rights.
Separation of powers
The idea that the powers of a government should be split between two or more strongly independent branches to prevent any one person or group from gaining too much power.
Popular sovereignty
The principle that the people are the ultimate source if the authority and legitimacy of a government.
Constitutionalism
The belief that governments should operate according to an agreed set of principles, which are usually spelled out in a written constitution.