Unit 1 Vocab Flashcards
combines elements of capitalism and socialism
mixed economy
national and state govt. share power
federal system
community with organized govt. in a territory
state
all economic decisions made by gov
communist state
state exists the serve their people
social contract theory
right and responsibility of citizenship
voting
one person inherits throne & heads the state
monarchy
food stamps or rent subsidies
economic assistance
the people rule directly or through representatives
democracy
united by bonds of race, language, customs
nation
capitalists who own means of production
bourgeoisie
to let alone. adam smith’s economic approach
laissez-faire
power held by a few people or one political party
oligarchy
constitution places limits on powers of those who govern
constitutional gov
threat of violence allows gov work to get done
force theory
generations of family elders rule
evolution theory
extensive gov control of the economy
socialism
workers who produce goods
proletariat
union of sovereign states with a weak central gov
confederacy
consistent enforcement of laws ; allows
rule of law
functions that allow different branches of gov to limit the power of other branches
checks and balances
establishes the basic structure of gov and rights of the people; supreme law of the land
constitution
organized around common interests and goals to compete with each other during elections
political parties
gives all key powers to central gov
unitary system
parties representing the majority make most laws
majority rule