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24 Cards in this Set
- Front
- Back
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a government in which all key powers are given to the national or central government
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Unitary system
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form of government in which powers are divided between the national overnment and the state or provincial government
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Federal system
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government in which one person rules with unlimited power and authority
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Autocracy
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a form of autocracy with a heredity king or queen exercising supreme power
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Monarchy
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system of government in which a small goup hols power
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Oligarchy
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any system of geverment in which leaders rule with consent of the citizens
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Democracy
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a system in which tradition and custom controll all economic activily; exists in only a few parts of the world today
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Traditional economy
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a economic system based on free enterprise, in which business are privatly owned, and production and prices are determined by supply and demand
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Market economy
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a systemof resource management in which the government supports and regulates enterprise through decisions that affect the marketplace
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Mixed economy
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system of resource management in which decisions about production and distrobution of goods are services are made by a central authority
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Command economy
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a government in which all key powers are given to the national or central government
|
Unitary system
|
|
|
form of government in which powers are divided between the national overnment and the state or provincial government
|
Federal system
|
|
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government in which one person rules with unlimited power and authority
|
Autocracy
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a form of autocracy with a heredity king or queen exercising supreme power
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Monarchy
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system of government in which a small goup hols power
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Oligarchy
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any system of geverment in which leaders rule with consent of the citizens
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Democracy
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a system in which tradition and custom controll all economic activily; exists in only a few parts of the world today
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Traditional economy
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a economic system based on free enterprise, in which business are privatly owned, and production and prices are determined by supply and demand
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Market economy
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a systemof resource management in which the government supports and regulates enterprise through decisions that affect the marketplace
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Mixed economy
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system of resource management in which decisions about production and distrobution of goods are services are made by a central authority
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Command economy
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substance from the earth that is not made by people but can be used by them
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Natural resources
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transition from an agricultural society to one based on industry
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Industrialization
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country that has a reat deal of technology and manufacturing
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Developed countries
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substance from the earth that is not made by people but can be used by them
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Natural resources
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