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13 Cards in this Set
- Front
- Back
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Unitary System
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gives all key powers to the national or central gov't
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Federal System
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divides the powers of gov't between the national gov't and state or provincial gov't
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Autocracy
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any system of gov't in which the power and authority to rule belong to a single individual
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Monarchy
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another form of autocratic gov't that goes through heredity
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Oligarchy
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any system of gov't in which a small group holds power
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Democracy
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leaders rule with consent of the citizen
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Traditional economy
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habit and custom determine the rules for all economic activity
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Market Economy
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individuals and private groups make decisions about what to produce
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Mixed Economy
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one in which the gov't supports and regulates free enterprise though decisions that affect the market
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Command Economy
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gov't owns or directs the means of production and controls the distribution of goods
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Natural resources
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resources that are not man made. come from nature
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industrialization
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spread of industry be doing it in a quicker and more efficient manner
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developed countries
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countries that have much technology and manufacturing
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