Robideaux Social Studies 9

Front 1

certain sectors of the economy are left to private ownership and free market mechanisms, while other sectors have significant government ownership and government planning

Back 1

mixed economy

Front 2

form of government in which political power belongs largely to one ruler, generally called a king or queen, who receives his or her position by claim or inherited right

Back 2

absolute monarchy

Front 3

an economic system in which decisions are all made on the basis of customs, beliefs, religion, habit, etc.

Back 3

traditional economy

Front 4

An economy based on the private ownership of business and allows market factors such as supply and demand to determine business strategy

Back 4

market economy

Front 5

government in which the country is effectively managed or governed by an organized church or religion

Back 5

theocracy

Front 6

a government headed by an authoritarian or totalitarian government that has usually taken power by force

Back 6

dictatorship

Front 7

a form of government in which power is held by the people and in which the citizens select others to act on their behalf

Back 7

presidential democracy

Front 8

a system of government where the people exercise their political powers by electing representatives and then the representatives choose a legislature from among themselves

Back 8

parliamentary democracy

Front 9

an economy in which decisions about production and allocation are made by the government

Back 9

command economy