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Unit 1
Introduction to Government
| Compromise | A pillar of democracy in which decision making is a give and take among many competing interests. |
| Citizenship | A pillar of democracy in which people possess duties that they must fulfill and also have responsibilities that they are encouraged to do. |
| Oligarchy | A type of dictatorship where all power is possessed by a small group. |
| Theocracy | A authoritarian government that is run by religious leaders. |
| Absolute Monarchy | An authoritarian government where a King or Queen is unrestrained by law. |
| Constitutional Monarchy | A government where a King or Queen is restrained by written laws. |
| Direct Democracy | A government where the laws and decisions are made through a vote by the people. |
| Communism | A planned economy where society collectively shares all property, resources, and production. |
| Socialism | A planned economy where property is taken over by the State who directs resources and production. |
| Capitalism | A market economy where individuals privately own property, resources, factories, machinery, etc. |
| Planned Economy | When production, distribution, and consumption in society are determined by the State or government officials. |
| Unitary System | A political system where a central government possesses all of the power and the authority to govern a nation. |
| Confederal system | A political system where States or regions have the power and authority to govern a nation. |
| Mixed Economy | When production, distribution, and consumption in society are determined by markets, individuals, and government |
| Federal System | A political system where a central government AND States or regions share the authority to govern a nation. |
| Traditional Economy | When production, distribution, and consumption in society are determined by a group's beliefs, customs, and culture. |
| Constitution | A written plan of government. |
| Autocracy | A type of dictatorship where all power is possessed by a single person. |
| Presidential System | When people elect the head of government. |
| Parliamentary System | When the majority party in the Legislative Branch chooses the head of government. |
| Majority Rule | A pillar of Democracy in which decisions are made when more than half of the people agree to it. |
| Minority Rights | A pillar of democracy in which safeguards are needed to ensure that the many does not abuse power and violate the rights of the few. |
| Government | The means by which authority and power are organized to accomplish the collective goals of a society. |
| Economy | The means by which goods and services are owned, produced, distributed, and consumed within a society. |
| Pillars of Democracy | Freedom of the individual Equality Under Law Consent of the Governed Majority Rule Minority Rights Compromise Citizenship |
| Constitutional Democracy | A government where people hold power, but laws and principles are codified in writing. |
| Individual Freedom | A pillar of democracy in which people possess natural rights - Life, Liberty, and Property - that are beyond the influence of a government. |
| Equality Under Law | A pillar of democracy in which a person cannot be denied legal protections regardless of gender, race, ethnicity, religion, etc. |
| Representative Democracy | When laws are decided by those who are elected by the people. |
| Karl Marx | Father of Socialism and Communism who wrote the Communist Manifesto. |
| Adam Smith | Economist who argued that when individuals can freely produce and exchange goods prosperity is created for all. |
| Friedrich Hayek | Economist who argued that limited government intervention in markets increases innovation, enterprise, and productivity. |
| John Maynard Keynes | Economist who argued that government intervention through spending is necessary for economic stability. |
| Milton Friedman | Economist who argued that argued that governments should focus on a stable money supply rather than intervention - Monetarism. |
| Dictatorship | An authoritarian government where all power and control is possessed by a single person or a small group. |
| Market Economy | When production, distribution, and consumption in society is determined by the forces of supply and demand. |