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Government WOW

3 9 weeks WOW Words

unitary all the power belongs to the central government
confederation loose alliance of countries or political unit:
federal power is divided between the central government and the states
autocracy one leader holds complete power
oligarchy a small group of people with wealth or power holds all control
democratic the people hold supreme power
parliamentary democracy the legislature is elected by the people, but the Prime Minister is elected by the Parliament
presidential democracy the legislature and the president are directly elected by the people
federal republic power is divided between the national and local governments and decisions are made by elected officials who represent the people
dictatorship one who has absolute authority
constitutional monarchy a country has its own constitution but its head of state is a monarch
mixed economy economy that falls between a command economy and a market economy
market economy economic decisions are based on what people buy and sell
command economy government controls what and how things are produced
specialization when countries produce only what they are good at
NAFTA an agreement made between Mexico, Canada, and the United States to remove most tariffs on trade between these nations
Created by: sfelder



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