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13 Cards in this Set
- Front
- Back
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sovereign
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Having supreme power within its own territory; it is neither subordinate or responsible to any authority.
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autocracy
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A government in which a single person holds unlimited political power.
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oligarchy
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A government in which the power to rule is held by a small, usually self-appointed elite.
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unitary government
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A centralized government in which all government powers belong to a single, central agency.
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federal government
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one in which the powers of the government are divided between a central government and several local governments.
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division of powers
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Basic principal of federalism; the constitutional provisions by which governmental powers are divided on a geographic basis. In the U.S. it is between the national government and the states.
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confederation
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An alliance of independent states.
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presidential government
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A form of government in which the executive and legislative branches of the government are separate, independent, and coequal.
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parliamentary government
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A form of government in which the executive branch is made up of the prime minister, or premier, and that officials cabinet.
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compromise
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An adjustment of opposing principals or systems by modifying some aspect of each.
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free enterprise system
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An economic system characterized by private or corporate ownership of capital goods; investments that are determined in a free market.
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law of supply and demand
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When supplies of goods and services become scarce, prices tend to rise.
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mixed economy
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An economy in which a private enterprise exists in combination with a considerable amount of government regulation and promotion.
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