Politics & Govt. Failure Flashcards
1
Q
Democracy
A
Citizen participation in the political system. Leaders normally elected.
2
Q
Republic
A
Government is subject to the people and leaders can be recalled. Often democratic but can also be with monarchy (crowned republic)
3
Q
Monarchy
A
The monarch is the head of state. Can be constitutional or absolute.
4
Q
Communism
A
System based on the ideology of communism. Often combined with a centrally planned economic system.
5
Q
Despotism
A
Rule by an individual (autocracy or dictatorship) or a group of individuals.
6
Q
Normative analysis
A
Describes what should be implemented as policy, based on our theories of economics and fairness. (however individual interests can outweigh normative justifications)
7
Q
A
