Political And Economic Systems Flashcards
Free Interprise
econmic systems where you can buy,sell and trade without gov. controlling
Renewable resources
natural resources that are always avaliable
Government
organization that makes and enforces laws
Infrastructure
support society ex. transportation, communication, plumbing, electricity
Patrotism
love and pride of ones country
GDP
total value of goods and services produces in a country in 1 year
Soverign
group that has control within a territory
economic activites
the way ppl use resources and goods to make money
Constitunal monarchy
power limited by a palriment, king or queen
Democracy
ppl vote
republic
ppl elect a leader
autocracy
ruled by one
Oligarchy
ruled by a few people
Democracy
ruled by many
absolute monarchy
rules of total authority of gov. , unlimited, king and queen dont have to obey the laws
Dictatorhsip
ruled by 1 power is taken by force, military
Totalitarianism
total unchecked control of the nation, barely any freedom
Theocracy
religious leaders
Limited
rules they have to obey
Unlimited
no limitation do anyting they want
Indudustrilization
developing machine production of goods
Legislative
makes laws declares war taxing
Executative
enforce laws, foreign policy, armed forces,
Judicial
review the laws, decide cases, invading states rights