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11 Cards in this Set

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  • Back
Unitary system
of government gives all key powers to the national or central government
Federal System
of government divides the powers of government between the national governments and state provincial governments.
Autocracy
any system of government in whicthority to rule belong to a single the power and au
monarchy
is another form of autocratic government.In a monarchy, a king or queen execises the supreme powers of government
Oligarchy
is any system of government in which a small group holds power
Demoracy
Is any system of government in which leaders rule with the consent of the citizens
Traditional Economy
habit and custom determine the rules for all economic activity.
Market Economy
Individuals and private groups make decisions about what to produce
Mixed economy
Is one in which the government supports and regulates free enterprise through decisions that affect the marketplace
Command Economy
The government owns or directs the means of production-land, labor, capital ( machinery, factories,) and business managers- and controls the distribution of goods
Industrialize
or the spread of industry