pop quiz vocab Flashcards
1
Q
capitalism
A
an economic system where businesses are privately owned
2
Q
communism
A
workers own industry and controls economic decisions. if achieved, no need for a government
3
Q
socialism
A
economic planners in government decide what, where, how many, for whom, and at what prices goods should be produced
4
Q
democracy
A
a system of government by the whole population of eligible members of a state, typically through elected representatives
5
Q
fascism
A
authoritarian, ultranationalist political ideology and movement
6
Q
totalitarianism
A
national government takes control of all aspects of both public and private life. single political party
7
Q
theocracy
A
a government ruled by religious leaders who claim God’s authority
