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Unit Three Vocab
| Question | Answer |
|---|---|
| Democracy: | A system of government determined by all the eligible voters, typically through elected representatives |
| Conservatism: | A political and social philosophy that promotes free enterprise, private ownership, and socially traditional ideas. |
| Liberalism: | A political and social philosophy that promotes free enterprise, civil rights, and social change |
| Capitalism: | An economic and political system in which a country's trade and industry are controlled by private owners for profit |
| Socialism: | A political and economic system in which the means of production, distribution, and exchange are owned or regulated by the community as a whole |
| Communism: | A system derived from the theories of Karl Marx, leading to a society in which all property is publicly owned and all political, social, and economic decisions are made by the state |
| Fascism: | A governmental system led by a dictator having complete power, and emphasizing aggressive nationalism and often racism. |
| Anarchy: | The absence of a system of government |
| 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: | The process by which cultures become increasingly economically interdependent |
| United Nations: | An international organization of 193 countries formed to promote international peace, security, and cooperation |
| GDP: | Gross Domestic Product; the total value of goods and services produced in a country. |