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24 Cards in this Set

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