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