Week 2 Flashcards

1
Q

system of law based on detailed set of written laws and codes

A

civil law systems

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2
Q

form of government advocating that socialism can be achieved only through totalitarian dictatorship

A

communist totalitarianism

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3
Q

grants exclusive rights to the investor of a new product or process

A

patent

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4
Q

political system that emphasizes the primacy of collective goals over individual goals

A

collectivism

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5
Q

economic system in which supply and demand determine the production of goods and services

A

market economy`

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6
Q

resource over which an individual or business holds legal title

A

intellectual property/property

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7
Q

citizens periodically elect individuals to represent them

A

representative democracy

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8
Q

government plans the allocation of resources and the production of goods

A

command economy

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9
Q

document that specifies the conditions under which an exchange is to occur and details the rights and obligations

A

contract

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10
Q

sale of state owned enterprises to private investors

A

privatization

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11
Q

governed according to religious principle

A

theocratic totalitarianism

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12
Q

resources such as land, buildings, equipment, capital and intellectual property

A

private property

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13
Q

political, economic, and legal systems of a country

A

political economy

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14
Q

system of a country that shapes its economic and legal policies

A

political systems

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15
Q

believe in public ownership for the common good of society

A

socialist

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16
Q

believe socialism can be achieved only through revolution

A

communist

17
Q

committed by achieving socialism by democratic means

A

social democrats

18
Q

government is by the people, either directly or through elected representatives

A

democracy

19
Q

one person or political party exercises absolute control

A

totalitarianism

20
Q

political power is monopolized by part or group according to religious belief

A

theocratic totalitarianism

21
Q

represents interest of a particular tribe

A

tribal totalitarianism

22
Q

a party or group monopolizes political power

A

right wing totalitarianism

23
Q

set or rules that regulate behavior and processes

A

legal systems

24
Q

system of law based on tradition

A

common law

25
Q

system of law based on religious teaching

A

theocratic law system

26
Q

governs contract enforcement

A

contract law

27
Q

product of mind, ideas

A

intellectual property

28
Q

exclusive legal rights of authors

A

copyrights

29
Q

designs and names

A

trademarks

30
Q

organization whose members sign treaties to agree to protect intellectual property

A

world intellectual property organization