Study sets matching "government economics"

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Study sets matching "government economics"

Government and Economics
Executive Brarich
judicial branch
legislative branch
How many U.S. Representative do we have?
Enforcing laws; commander in c chief if armed force.
To explain laws under the constitution
To create laws. includes court system
435 (decided by population)
Executive Brarich
Enforcing laws; commander in c chief if armed force.
judicial branch
To explain laws under the constitution
26 terms
Governments and Economics
Autocracy
Monarchy
Dictatorship
Democracy
A Government in which one person has all the power
A king or queen rules the country
A form of Government where one leader has absolute control ov…
Citizens hold the political power
Autocracy
A Government in which one person has all the power
Monarchy
A king or queen rules the country
25 terms
Economic/Government Terms
Specialization
Entrepreneurship
Literacy Rate
Human Capital
Concept that a nation should produce and export a limited ass…
Accepting the risk of starting and running a business.
The percentage of a country's people who can read and write.
Knowledge and skills people acquire to increase their product…
Specialization
Concept that a nation should produce and export a limited ass…
Entrepreneurship
Accepting the risk of starting and running a business.
Government/Economics
Government
Constitution
Dictatorship
State
Institution through which a society makes and enforces its pu…
Body of fundamental laws setting out the principles, structur…
Power held by a single person or a small group
Body of people living in a defined territory, organized polit…
Government
Institution through which a society makes and enforces its pu…
Constitution
Body of fundamental laws setting out the principles, structur…
46 terms
Economics/Government
Economics
Resource
Productive Resources
Natural Resources
Production (making), distribution (spreading around), and con…
Something of value that you use
Includes 3 resources: natural resources, labor resources, and…
Resources of the earth
Economics
Production (making), distribution (spreading around), and con…
Resource
Something of value that you use
government & economics
The Federal Bank
The Federal Reserve
GDP
inflation
The central bank of the United States and the most powerful f…
The Federal Reserve System, often referred to as the Federal…
gross domestic product / one of the primary indicators used t…
increase in prices and fall in purchasing value of money
The Federal Bank
The central bank of the United States and the most powerful f…
The Federal Reserve
The Federal Reserve System, often referred to as the Federal…
35 terms
government/Economics
Private Good
Exclusion principle
Public goods
Nonexclusion principle
consumed by one individual cannot be consumed by another
person is excluded from using a good or service unless he or…
Goods that can be consumed by one person without preventing t…
no one is excluded from consuming the benefits of a public go…
Private Good
consumed by one individual cannot be consumed by another
Exclusion principle
person is excluded from using a good or service unless he or…
Economics/government
Investing
Free Trade
Market economy
Mixed economy
The act of using money in the hope of making a future profit
The removal of trade barriers
An economy in which individual consumers and producers make e…
An economy that combines elements of traditional,market, and…
Investing
The act of using money in the hope of making a future profit
Free Trade
The removal of trade barriers
Economic Government
Traditional Economy
Market Economy
Command Economy
More Developed
Habit and custom determine the rules for all economic activity
Individuals and private groups make decisions about what to p…
The government owns or directs the means of production-land,…
Have a highly developed economy and advanced technological in…
Traditional Economy
Habit and custom determine the rules for all economic activity
Market Economy
Individuals and private groups make decisions about what to p…
21 terms
Government/economics
Swing states
Safe states
Civil liberties
Public opinion
two major parties have a good chance of winning
One major party has a good chance of winning
Freedoms that the government cannot take from citizens of the…
Evaluation on what Americans think of the policies and the ho…
Swing states
two major parties have a good chance of winning
Safe states
One major party has a good chance of winning
Government economics
State
Nation
Nation-state
Consensus
Identifies a political community that occupies a definate ter…
Any sizable group of people who are united by a common bonds…
A country in which the territory of both the nation and the s…
Agreement about basic beliefs
State
Identifies a political community that occupies a definate ter…
Nation
Any sizable group of people who are united by a common bonds…
21 terms
Government & Economics
Profit motive
Open opportunity
Legal equality
Private Property Rights
The incrntive that drives individuals and business owners to…
The principle that anyone can complete in the marketplace.
The principle that everyone has the same legal rights
The principle that people have the right to control their pos…
Profit motive
The incrntive that drives individuals and business owners to…
Open opportunity
The principle that anyone can complete in the marketplace.
12 terms
Economics and Governments
Democracy
Monarchy
Dictatorship
Communism
a government where people get to vote for there leader and th…
has a king, queen, emperor or empress,one person has absolute…
a country ruled by a single leader, has not been elected, may…
government owns property, such as business and farms, it prov…
Democracy
a government where people get to vote for there leader and th…
Monarchy
has a king, queen, emperor or empress,one person has absolute…
16 terms
Government & Economics
Democracy
Political ideology
High Tech Politics
Judicial
Government system by the people for the people.
Ethical sets of ideals, principles, & doctrines
Behavior of citizens and policy makers an agenda itself are s…
Gov't branch: appropriate to a court or judge
Democracy
Government system by the people for the people.
Political ideology
Ethical sets of ideals, principles, & doctrines
Economics & Government
Producers
Consumers
Price
Quantity
People and Companies that make goods/services
People and companies that buy services
Amount consumers pay for a good/service; amount producers sel…
Amount of goods/services consumers buy; amount of goods/servi…
Producers
People and Companies that make goods/services
Consumers
People and companies that buy services
12 terms
Government and Economics: Influencing Government
public opinion
mass media
interest group
pollster
The ideas and attitudes that most people hold about elected o…
A mechanism of communication, including television, radio, ne…
A group of people who share a point of view about an issue an…
A specialist whose job is to conduct polls regularly.
public opinion
The ideas and attitudes that most people hold about elected o…
mass media
A mechanism of communication, including television, radio, ne…
36 terms
Government + Economics
Autocracy/Dictatorship
Communism
Fasism
Constitutional Monarchy
All power is held by one person or a small group and they con…
A political and economic system in which the government owns…
A political system that stresses national strength, military…
Ruled by a king and/or a queen where power is passed down thr…
Autocracy/Dictatorship
All power is held by one person or a small group and they con…
Communism
A political and economic system in which the government owns…
18 terms
Economics & government
Traditional economy
Market economy
Command economy
Mixed economy
An economy that uses methods from the past to decide how they…
An economy where there is no interference from the government…
The government makes all economic decisions.
An economy consisting of meathids from both the command and m…
Traditional economy
An economy that uses methods from the past to decide how they…
Market economy
An economy where there is no interference from the government…
Government economics
European union
United Nations
Traditional
Command economy
It political economic union of European good with a bang any…
International national security
economic system that relies on habit, custom, or ritual to de…
an economy in which production, investment, prices, and incom…
European union
It political economic union of European good with a bang any…
United Nations
International national security
Government & Economics
Executive
Judicial
Articles of Confederation
Legislative
Power to administer laws. Veto power.
Power to interpret laws and settle disputes.
1st national government was based on this. State governments…
The power to create laws - Senate & House of Represenative
Executive
Power to administer laws. Veto power.
Judicial
Power to interpret laws and settle disputes.
Economics/Government
Capital
Constitution
Currency
Domestic
Man-made resources used to produce other goods and services;…
The system of laws and principles for a government.
Money in circulation. The form of money used by a country.
Trade or dealings that happens within a country.
Capital
Man-made resources used to produce other goods and services;…
Constitution
The system of laws and principles for a government.
20 terms
Economic/government
Need
Want
Natural resource
Surplus
Item necessary for survial
Item desired but not necessary for survial
Thing found in nature for which man has found useful
Extra supply
Need
Item necessary for survial
Want
Item desired but not necessary for survial
Governments and economics
Dictatorship
Communism
monarchy
oligarchy
government by a dictator.
a political theory derived from Karl Marx, advocating class w…
A government ruled by a king or queen
A government ruled by a few powerful people
Dictatorship
government by a dictator.
Communism
a political theory derived from Karl Marx, advocating class w…
26 terms
Comparative Government Economics Terms
Capitalism - Free Market
Socialism
Wealth
Income
The means of production are owned privately and are used for…
based on public or social ownership of means of production an…
The total amount people own (a reservoir)
The amount of money one earns in a year (a river)
Capitalism - Free Market
The means of production are owned privately and are used for…
Socialism
based on public or social ownership of means of production an…
Economics and Governement
Economics
Natural Resources
Scarcity
Socialism
How societies organize resources and money for the production…
Materials or substances that can be used to make money (ex- o…
The idea that humans have unlimited wants but limited resourc…
An economic and political system based on collective ownershi…
Economics
How societies organize resources and money for the production…
Natural Resources
Materials or substances that can be used to make money (ex- o…
Government economics
Need
Want
Goods
Services
Something essential for survival
Something that people desire but that is not necessary for su…
The physical objects that someone produces
The actions or activities that one person performs for another
Need
Something essential for survival
Want
Something that people desire but that is not necessary for su…
Economics government
Needs
Economics
Scarcity
Wants
things we need for survival, such as food,clothing,and shelter
The study of how we make descisions in a world with resources
The fundamental economic problem.
Things we would like to have
Needs
things we need for survival, such as food,clothing,and shelter
Economics
The study of how we make descisions in a world with resources
33 terms
Government & Economics
patronage
straight ticket
split ticket
precincts
doing favors for loyal memembera
voting for candidates in only one party
voting for candidates of more than one party on the same ballot
voting districts
patronage
doing favors for loyal memembera
straight ticket
voting for candidates in only one party
17 terms
Government economic
Capitalism
Capital
Entrepreneur
Free market
economic system in which individuals are free to own the mean…
all the human-made resources that are used to produce goods a…
individual with the drive and ambition to combine land, labor…
market in which buyers and sellers are free to buy and sell a…
Capitalism
economic system in which individuals are free to own the mean…
Capital
all the human-made resources that are used to produce goods a…
16 terms
Economics / Government
democracy
monarchy
dictatorship
communism
People elect leaders and rule by majority
ruled directly by a king or queen, the head of a royal family
ruled by a single, powerful ruler who has total control
the government owns all property and dominates all aspects of…
democracy
People elect leaders and rule by majority
monarchy
ruled directly by a king or queen, the head of a royal family
Government and Economics
Capitalism
Socialism
Communism
Monarchies
An economic and political system in which a country's trade a…
a political and economic theory of social organization that a…
a political theory derived from Karl Marx, advocating class w…
a state or nation in which the supreme power is actually or n…
Capitalism
An economic and political system in which a country's trade a…
Socialism
a political and economic theory of social organization that a…
12 terms
Economics & Government
Producer
Consumer
Price
Quantity
People/companies that sell goods/services
People/Companies that buy goods/services
Amount consumer pays for good/service. Amount producers sell…
Amount of good/service consumer buys... Amount producers buy... # o…
Producer
People/companies that sell goods/services
Consumer
People/Companies that buy goods/services
Government And Economics
Dictatorship
Communism
Monarchy
Oligarchy
Government by dictator.
A leading society in which all property is publicly owned.
A government ruled by a king or queen.
A government ruled by a few powerful people.
Dictatorship
Government by dictator.
Communism
A leading society in which all property is publicly owned.
economics & government
monarchy
constitutional monarchy
dictatorship
totalitarianism regimes
using a king or queen, who belongs to a royal family
based on the idea that their are limits to the rightful power…
a single dictator or a small group holds absolute authority a…
dictator holds ultimate authority
monarchy
using a king or queen, who belongs to a royal family
constitutional monarchy
based on the idea that their are limits to the rightful power…
government economics
consumers
producers
scarcity
opportunity cost
a person who purchases good and services
a person or company that produces and sells goods and supplies
in short supply
the loss of potential gain from other alternatives when the o…
consumers
a person who purchases good and services
producers
a person or company that produces and sells goods and supplies
15 terms
Government & Economics
Amendments
Checks & Balances
Cruel & Unusual Punishment
Double jeopardy
Addition/ change to the constitution.
Limits the power of the other branches to prevent abuse of po…
Court sentences prohibited by the eighth amendment.
Being tried twice for same crime
Amendments
Addition/ change to the constitution.
Checks & Balances
Limits the power of the other branches to prevent abuse of po…
30 terms
Government & Economics:
Economic System:
GDP:
Per Capia GDP:
Traditional Economy:
a nation's way of producing things it's country wants or needs.
total dollar value of all goods and services produced in a ye…
total GDP divided by the country's population.
system where tradition and custom govern economic decisions.…
Economic System:
a nation's way of producing things it's country wants or needs.
GDP:
total dollar value of all goods and services produced in a ye…
Economic and Government
Goverment
Citizen
Representatives democracy
Monarchy
An organization set up to make and enforce rules for society
...
...
...
Goverment
An organization set up to make and enforce rules for society
Citizen
...
Government and Economics
A Citizen is a....
Naturalization
How to become a citizen
Duties of a Citizen
Member of a nation that has all the duties and responsibiliti…
The process you take to become a citizen
•Takes 5 years to become a citizen (2 if married)... •You must…
A duty is something you have to do. ... You must ... •Go to School…
A Citizen is a....
Member of a nation that has all the duties and responsibiliti…
Naturalization
The process you take to become a citizen
Economics Government
Income
Employment
Prices
Net Exports
Money received, especially on a regular basis, for work or th…
The condition of having paid hard work
The amount of money expected, required, or given in payment f…
The difference between a country's total value of exports and…
Income
Money received, especially on a regular basis, for work or th…
Employment
The condition of having paid hard work
Government and Economics
Unemployment
Gross Domestic Product
Stock Market
Interest
Unable to find work
The total value of goods produced and services provided in a…
The stock market is a place where stocks and bonds are traded…
A charge for borrowed money generally a percentage of the amo…
Unemployment
Unable to find work
Gross Domestic Product
The total value of goods produced and services provided in a…
government/economics
Government
Constitution
Limited government
City-State
a group of people who have the power to make and enforce laws…
a system of basic rules and principles by which a government…
a government structure in which government actions are limite…
an independent state
Government
a group of people who have the power to make and enforce laws…
Constitution
a system of basic rules and principles by which a government…
10 terms
Government & economics
Representative
Census
Deport
Anarchy
An official whose job is to act in your interest
Official count of population done every 10 years
To be sent back to ones home country
A total lack of any ruling Authority
Representative
An official whose job is to act in your interest
Census
Official count of population done every 10 years
22 terms
Government/Economics
Government
Autocracy
Monarchy
Dictatorship
A governing body of a nation, state or community
A system of government by with absolute power
A form of government with a monarch at the head
A county that is ruled by one person
Government
A governing body of a nation, state or community
Autocracy
A system of government by with absolute power
Government-Economics
Dictatorship
Communism
Monarchy
Oligarchy
''Cuba, North Korea, China.'' Government by a dictator.
''China, Vietnam.'' Property is publicly owned and each perso…
''Sweden, Spain.'' A formal government with a monarch(royal)…
''China, Russia, India, UEA.'' A small group of people having…
Dictatorship
''Cuba, North Korea, China.'' Government by a dictator.
Communism
''China, Vietnam.'' Property is publicly owned and each perso…
20 terms
Government and Economics
Totalitarian
Limited
Anarchy
Autocracy
Government has total control
The government has limited power
No one has power
Total rule by 1 person
Totalitarian
Government has total control
Limited
The government has limited power
19 terms
Government Economic
autocratic
democratic
literacy rate
capital goods
one or small group
Majority rule
The ability to read and write,affects standard of living
Items that people need to perform their jobs (factories,machi…
autocratic
one or small group
democratic
Majority rule
11 terms
Government and Economics
Mixed
Traditional
Command
Market
Individuals carry on their economic affairs freely, but are s…
- A economy where tradition and custom govern economic decisi…
The individual has little, if any, influence over how things…
In a pure market economy: The decisions are made in free mark…
Mixed
Individuals carry on their economic affairs freely, but are s…
Traditional
- A economy where tradition and custom govern economic decisi…
Economic and government
GDP(gross domestic product
Economic freedom
Capitalism
Private property
Total value of all goods and services in a country
Freedom to make your own economic decisions
Private citizens own FOP but decides how to use them within l…
Owned by individuals rather than the government
GDP(gross domestic product
Total value of all goods and services in a country
Economic freedom
Freedom to make your own economic decisions
29 terms
Government and Economics
With the United Kingdom's parliamentar…
If the leader of a country is chosen b…
The leader of the Parliament in the UK…
A Parliamentary democracy differs from…
Prime Minister
Parliamentart
Prime Minister
Legislature
With the United Kingdom's parliamentar…
Prime Minister
If the leader of a country is chosen b…
Parliamentart
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