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13 Cards in this Set
- Front
- Back
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Unitary system
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government gives all key powers to the national or central government
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Federal system
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government that divides powers of government between national and state or or provincial governments
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Autocracy
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government in which the power authocracy to rule belong to a single individual.
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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 govt. in which a small group holds power
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Democracy
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any system of govt in which leaders rule with the consent of citizens
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Traditional economy
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habit or 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 governments supporters supports and regulates free enterprise through decisioms that affect the market place
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Command economy
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the governments owns or directs the means of production land,labor,capital and businessmanagers
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Natural resources
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elements from the earth that are not made from people
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Industrialization
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the spread of industry, help influence a countrys level of development
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Developed countries
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those countries working toward greator manufacturing and technology use
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