Types of government Flashcards
Democracy
A system of government by the whole population or all the eligible members of a state, typically through elected representatives.
dictatorship/totalitarianism
A government which has the power to govern without the consent of the governed; the power rests in the hands of an individual or a small group and was taken by force or by inheritance; power is unrestricted by the constitution
absolute monarchy
There’s one ruler with no limits on power its usually the king
fascism
A system of government characterized by strict social and economic control and a strong, centralized government usually headed by a dictator. First found in Italy by Mussolini.
command economy
All business decision are made by the government, The government controls the economy.
NO PRIVATE OWNED COMPANIES
GOVERMENT OWNS ALL BUSSINESS
market economy
Citizens owns all businesses, Businesses are privately owned, Production and prices are determined by supply and demand.
mixed economy
mainly on private ownership and control of economic resources
Mixed of market and command
The USA is a mixed economy
traditional economy
An economy in which production is based on customs and traditions and economic roles are typically passed down from one generation to the next.
Autocracy
system of government in which supreme power over a state is concentrated in the hands of one person, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control.
Anarchy
Nobody is in control
oligarchy
A small group of people has all the power
Theocracy
A government has a god that is in complete control
what is a republic democracy
They elect few individuals to represent the group as a whole when it comes to voting for a new representative
Monarchy
A queen of a king rules and the power is passed down by blood
Constitutional monarch
The monarch powers are limited by laws and certain rules the king or queen does not have absolute power