Group 2 Types of government and economy
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| Authoritarian | descriptive of a system of government in which the leaders hold all political power
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| Command Economy | an economic system that is controlled by a single central government
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| Democracy | A system of government in which the people are invested with the power to choose their leaders and determine government policy
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| Dictatorship | A system of government in which absolute power is held by a small group or one person.
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| Export | An item that is sent out of the country for sale.
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| Import | An item that is brought into the country for sale.
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| Market Economy | An economic system in which decisions about production, price, and other economic factors are determined by the law of supply and demand
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| Monarchy | A system of authoritarian government headed by a monarch- a king , queen, shah, or sultan - whose position is usually inherited.
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| Totalitarianism | A system of government in which a central authority controls all aspects of society.
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| Traditional Economy | An economic system in which families produce goods and services for their own use, with little surplus and exchange of goods; also known as a subsistence economy.
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