Unit 1 Flashcards
What does the government do to control the economic system?
taxes
creating a national currency
encouraging trade
How does a government maintain social order?
police
public courts
require taxes and enrolling in the army
What are examples of public services?
roads dams parks expressways public healthcare food inspectors busses education
How is national security ensured?
create treaties
have military
air port security
What are the systems of government?
unitary, federal confederate
What is an example of a unitary government?
North Korea
What is an example of a confederate government?
the confederacy of the united states
What is an example of a federal government?
united states
What are the types of government?
authoritarian
democracy
What are some characteristics of an authoritarian government?
gov. not limited
rule of law applies to some
rights are not guaranteed
no voting
What is the difference between a direct and representative democracy?
direct- everyone votes on decision
representative- people vote for people to represent them
What are the four economic systems?
traditional
command
market
mixed
What are the three basic economic questions?
What to produce?
How to produce it?
For whom?
What is scarcity?
lack of resources
What is opportunity cost?
the next best choice you could have made
What are the four major purposes of government?
economic system
social order
provide public services
national security
What are rules or beliefs governing morally correct behavior and attitudes?
principles
What is the regard that something is held to deserve; the importance, worth, or usefulness of something?
value