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16 Cards in this Set
- Front
- Back
Unitary system
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a government in which all key powers are given to the nation or central government
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Federal system
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-form of government in which powers are divided between the national government and the state or provincial government
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Autocracy
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government in which in which one person rules with unlimited power and authority
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Monarchy
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a form of autocracy with a heredity king or queen exercising supreme power
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Oligarchy
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a system of government in which a small group of people holds power
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Democracy
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any system in which leaders rule with the consent of citizen
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Traditional Economy
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a system in which a tradition and custom control all economic activity; exist in only a few parts of the world today
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Market Economy
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an economic system on free enterprise on which businesses are privately owned and production and prices are prices are determined by supply and demand
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Mixed Economy
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a system of resource management in which the government supports and regulates enterprise through decision that affects the market place
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Command Economy
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system of resource management in which decisions about production and production distribution of goods and services are made by a central authority
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Natural Resources
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substance from the earth that is not made by people but can be used by them
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Industrialization
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transition from an agricultural society to one based industry
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Developed Countries
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country that has a great deal of technology and manufacturing
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Culture
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way of life of a group of people who share beliefs and similar customs
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Ethnicity
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A persons history, language and race
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Demographics
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statistics about a certain group of people
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