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Unit Three
Government & History
Term | Definition |
---|---|
democracy | a system of government determined by all the eligible voters |
capitalism | an economic system in which trade and industry are controlled by private owners for profit |
socialism | an economic system in which trade and industry are regulated by the community, and some are owned by the government (still some private property) |
communism | an economic system in which there is no private property and all economic decisions are made by the government (AKA Marxism) |
sovereignty | the power to rule over a population |
autonomy | the right of people to rule themselves |
colonialism | the act of taking territory outside a country's borders |
infrastructure | the basic things (roads, electricity, water supply, etc...) that a society needs in order to function |
globalization | increasing interconnectedness of economies and cultures |
United Nations | an international organization of 193 countries formed to promote peace, security, and cooperation |
GDP | Gross Domestic Product; the total value of goods and services produced in a country. |
anarchy | the absence of a system of government |
fascism | a governmental system led by a dictator who emphasizes aggressive nationalism and racism |
liberalism | a political ideology that emphasizes free enterprise, civil rights, and social change |
conservatism | a political ideology that emphasizes free enterprise, private ownership, and socially traditional ideas. |