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the act of doing away with something such as the abolitionist movement in the 19th century to do eliminate slavery
the ability of one country or company, using the same quantity of resources as another country or company, to produce a particular product at a lower absolute cost
a heredity ruler controls all of the functions of a government; for example, the tsars of Russia
laws passed by federal and state governments to prevent new monopolies and break of existing ones
a list of individuals or organisations that have incurred disapproval or suspicion or are to be boycotted or otherwise penalized
a term used for acts of government that make constitutional guarantees a reality for all people
clear and present danger
a principal established by the Supreme Court that limits free speech if the words will bring about substantive evil
an economy in which all decisions on production and consumption are made by a central government
the ability to produce goods of services at a lower opportunity cost than other individuals or countries
an individual who on the basis of religious moral principles refuses to bear arms or serve in the military
a body of fundamental laws establishing the principals, structures, and processes of a government
a heredity ruler has limits on his/her power, for example, kings and queens of Great Britain
the purchase of goods or services in the present with the promise to pay for them in the future
a system of government in which political control is exercised by all people, either directly or through their elected representatives
the totality of external physical conditions that affect and influence the growth, development, and survival of organisms
federal reserve system
a national banking system, created in 1913, that controls the United States money supply and availability of credit
being mutually dependent; for example, countries trading with each other become dependent on the products or goods received from the other country
an economy in which decisions on production and consumption are made by individuals acting as buyers and sellers
an economy that combines features of more than on of the traditional, market, and command systems
a policy that involves changing the rate of growth of the supply of money in circulation in order to affect the cost and availability of credit; the rates are established by the federal reserve system
a system of government in which the executive leaders are chosen by and responsible to the legislature, as well as being members of the legislature, as in Great Britain
a system of government characterized by a separation of powers between independent and coequal executive and legislative branches, such as in the United States
the resources used to make goods and services; for example, natural resources, human resources, and capital goods
the concentration of production on fewer kinds of goods and services than are consumed
standard of living
a person's or group's level of material, well-being, as measured by education, housing, health care, and nutrition
supreme court decisions
legal determinations made by the highest court in the US, sometimes determining the constitutionality of laws
a system of government headed by one or more religious leaders who claim to rule by Divine authority
an economy in which decisions on production and consumption are based upon customs, beliefs, rituals, and habits
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