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govt ch 22&23
Government
| Question | Answer |
|---|---|
| monarchy | hereditary ruler |
| by election | special election for if an MP dies or resigns |
| coalition | temporary alliance of parties for the purpose of forming a gov't |
| ministers | members of the house of commons |
| shadow cabinet | party out of power, watches the other cabinet |
| devolution | the delegation of authority from the central gov't to regional gov'ts |
| consensus | board agreement |
| dissolution | prime ministers power to dissolve the house of representatives |
| prefectures | restructuring of political and economical life |
| mestizo | person with Spanish, Portuguese, and native American ancestry |
| nationalization | gov't acquisition of private industry of pubic use |
| north American free trade agreement (NAFTA) | removed trade restrictions among US, Canada, and Mexico to increase cross border trade |
| purges | purification |
| soviets | councils |
| perestroika | restructuring of political and economic life |
| glasnost | policy of openness where gov't increased tolerance of dissent and freedom of expression |
| cultural revolution | purging of old thoughts, culture, customs, and habits |
| autonomous | independent |
| factors of production | basic resources used to make all goods and services |
| capital | all human made resources that are used to produce goods and services |
| capitalist | someone who owns capital and puts it to productive use |
| entrepreneur | an individual with the drive and ambition to combine land, labor, and capital resources to produce goods or offer services |
| free enterprise system | economic system characterized by private and corporate ownership of capital good and investments that are determined by private decision rather than by state control |
| law of supply and demand | supplies become plentiful = prices drop |
| monopoly | firm that is the only source of a product or service |
| trust | a device were several corporations in the same line of business combine to eliminate competition and regulate price |
| laissez-faire theory | gov't should play very limited, hands off role in society |
| socialism | an economic and political philosophy base on the idea that benefits of economic activity should be equitably distributed in society |
| proletariat | the workers |
| bourgeoisie | the capitalists |
| welfare states | countries that provide extensive social services at little or no cost to the users |
| market economy | capitalist economy |
| centrally planned economy | gov't bureaucrats plan how an economy will develop over a period of years |
| communism | collectivist ideology |
| five year plan | how a leader wants economy to develop over the next 5 years |
| collectivization | merging small private farms into large gov't owned agricultural enterprises |
| gosplan | centralized planning, run by a large agency |
| privatization | process of returning nationalized enterprise to private owners |
| great leap forward | drastic attempt to modernize china quickly |
| commune | collective farms brought together into a large unit |
Created by:
lizhopper2
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