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12 Cards in this Set
- Front
- Back
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Unitary system
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Gives all key power to the national or central government
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Federal system
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Divides the powers of government between the national government and state,provincial governments.
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Monarchy
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Another form of autocratic government
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Oligarchy
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Any system of government in which a small group holds power
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Democracy
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any system of government in which leaders rule with the consent of the citizens
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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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government supports and regulates free enterprise through decisions that affectthe marketplace
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Command economy
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government owns or directs the means of production
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Natural resources
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elements on earth that are not made by people
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Industrialization
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The spread of industry
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Developed countries
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Countries having much technology and manufacturing
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