Chapter 2 - Comparing Forms Of Government 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 ruler 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 economical system that relies mainly on markets to determine what goods and services to produce and how to produce them
Traditional economy
An economical system in which decisions about what to produce and how are made on the basis of customs, beliefs, and tradition
Republic
A nation in which 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 term “parler”, meaning “to talk”
Command economy
An economical system that relies mainly on the central government to determine on what goods and services to produce and how to produce them