Vocab Flashcards

1
Q

Dictatorship

A

Leader had absolute power and authority.

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2
Q

Government

A

Society makes and enforces its public policies.

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3
Q

Democracy

A

Supreme authority rests with the people.

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4
Q

Sovereign

A

Has supreme and absolute power with its own territory.

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5
Q

Autocracy

A

Form of govt. in which a single person holds unlimited political power.

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6
Q

Oligarchy

A

Govt. in which power is held by a small elite govt.

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7
Q

Compromise

A

Blending of views and interests.

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8
Q

Parliamentary govt.

A

Prime minister and his cabinet.

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9
Q

Free enterprise

A

Eco. System. Pvt. ownership of capital goods.

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10
Q

Mixed economy

A

Private enterprise + govt. regulations.

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11
Q

Presidential govt.

A

Separate executive & legislative branch.

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12
Q

Confederation

A

Joining of several groups.

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13
Q

Division of powers

A

Powers are divided in geographic basis.

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14
Q

Federal govt.

A

Powers are divided between central + state.

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15
Q

Unitary govt.

A

Power belongs to a single central agency.

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16
Q

Law of supply and demand

A

Law states that when supply increases, prices decreases.

17
Q

Public policy

A

Many goals that a govt. pursued in areas of human affairs in which it is involved.

18
Q

Legislative power

A

Power to make a law and go frame public policies.

19
Q

Executive power

A

Power to execute, enforce and administer law.