20 terms

Mr. Miller's Chapter 3 Summit Prep Geo Class

This is a quick set of Quizlet vocabulary that will help you improve your grade on your Chapter 3 test. This exercise DOES NOT take the place of good notes, competing your guided notes assignment and paying attention in my class
Market Economy
An economic system that gives great freedom to its citizens. Also known as capitalism. The public market determines the prices people pay for goods and services
command economy
An economic system that gives very little freedom to its citizens. The government controls prices and amount of goods that are produced in a country. Nearly all command economies are located in authoritarian countries
traditional economy
In certain less developed countries, nearly all goods and services are produced and consumed by families or by the local village inhabitants
a form of government in which citizens choose their leaders in a free and open way
Queens, kings, Shahs, Pharoahs. Any government that is run by a person "born into" the role of national leader.
the most extreme form of dictatorship in which the government tries to control every part of society
Authoritarian rule of a country is concentrted in a small group or a single person as in Germany of the 1930s-1940s
Most leaders held all the power until the advent of more democratic governments in the 1770s (U.S.)
smaller political units (states) in a larger country give only limited rights to the central government
Not in Star Trek. Some powers given to the state governments. Some powers given to the national government. Our present type of government in the U.S. (federated republic)
unitary system
If one central government runs the system for the entire nation, it is called a unitary system of government
A nation's freedom from outside control
not relying on anyone, any other country or system
coming to an agreement by talking or meeting with another party or country over an issue
tlhe inhabitants of a country
Some powers are RESERVED to states and some powers are RESERVED to the national government. The U.S. operates under this system of government
state rights
Rights that are granted, reserved and guaranteed to the states in a federal system of governmentunitary
If one central goverment runs a nation
Representatives are elected to represent the population in this form of government
Personal ownership in or belonging to a nation.