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Vocab 1

economics 1.1 government

TermDefinition
government the institution through which a society makes and enforces public policy
public policies all the things a government decides to do
legislative power power to make laws and frame public policy
executive power power to enforce, execute and administer laws
judicial power the power to interpret laws
constitution the body of fundamental laws setting out the principles, structures and process of a government
dictatorship power is held by a single person or a small group
democracy supreme authority rests with the people
state a legal entity, often referred to as a state or nation
sovereign having supreme power within its own territory and can decide its own foreign and domestic policies
autocracy government in which a single person holds unlimited political power
oligarchy government in which a small, self-appointed elite group holds the power
unitary government a centralized government with all powers belonging to a strong, central agency
division of powers both levels of government act directly on the people through their own laws
confederation an alliance of independent states
presidential government separation of power between an executive and legislative branch
parliamentary government the executive branch is made of a prime minister and a cabinet who are also part of the legislative branch
majority rule holds that a majority will be right more often than its wrong
compromise the process of blending and adjusting competing views and interests
citizen one who holds both rights and responsibilities in a state
free enterprise system economic system characterized by private ownership of capital goods
Created by: mikaylaburns1234
Popular American Government sets

 

 



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