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20 Cards in this Set

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a country, government, or the form of government in which absolute power is exercised by a dictator. (e.g. Stalin after WWII)
Dictatorship
state or nation in which the supreme power belongs to a monarch. (e.g. Saudi Arabia)
Monarchy
a governmental system led by a dictator having complete power, forcibly excluding opponents and criticism, controlling all industry, commerce, & emphasizing an aggressive nationalism & often racism. (e.g. Germany in WWII
Fascism
absolute control by the state or a governing branch of a highly centralized institution. (e.g. Italy WWII)
Totalitarianism
government by the people; a form of government in which the supreme power is held by the people and exercised directly by them or by their elected agents under a free electoral system.
Democracy
is a republic, meaning the head of state is elected, but unlike in a presidential republic the head of state does not have broad executive power because much of those powers have been granted to a "head of government“, usually called a prime minister.
Parliamentary Republic
a state in which the supreme power rests in the body of citizens entitled to vote and is exercised by representatives chosen directly or indirectly by them.
Republic
a government or state ruled by an aristocracy, elite, or wealthy upper class.
Aristocracy
form of government in which God or a deity is recognized as the supreme civil ruler.
Theocracy
a strong loyalty to the customs and beliefs of tribal life and society, strong loyalty to one's own tribe, party, or group. (e.g. the Hutu & Tutsi tribes in Rwanda)
Tribalism
a relatively large group of people organized under a single, usually independent government; a country. The territory occupied by such a group of people. A people who share common customs, origins, history, and frequently language; a nationality.
Nation
an international organization, with headquarters in New York City, formed to promote international peace, security, and cooperation under the terms of the charter signed by 51 founding countries in San Francisco in 1945.
United Nations (UN)
an international organization created in 1949 by the North Atlantic Treaty for purposes of collective security.
North Atlantic Treaty Organization (NATO)
an international bank established in 1944 to help member nations reconstruct and develop, esp. by guaranteeing loans: a specialized agency of the United Nations.
World Bank
an organization founded in 1960 of nations that export large amounts of petroleum: formed to establish oil-exporting policies and set prices. With 11 member countries, including founding members Iran, Iraq, Kuwait and Venezuela. OPEC member nations currently supply about 40% of the world's crude oil and 16% of its natural gas. At the end of 2003, OPEC nations possessed about 78% of the world's total proven crude oil reserves.
OPEC
an association comprising the United Kingdom, its dependencies, and many former British colonies that are now sovereign states with a common allegiance to the British Crown, including Canada, Australia, India, and many countries in the West Indies and Africa. It cooperates on matters of mutual concern, especially regarding economics and trade.
British Commonwealth
to create or provide (a person, establishment, place, etc.) with what is lacking or required.
Supply
the desire to purchase, along with the power to do so.
Demand
an economy that operates by voluntary exchange in a free market & is not planned or controlled by a central government; a capitalistic economy.
Market Economy
a contribution for the support of a government required of people, groups, or businesses within the area of that government.
Taxes