click below
click below
Normal Size Small Size show me how
KeyTerms1-21
Question | Answer |
---|---|
Freedom | The power or right to act, speak, or think as one wants |
Equality | The state of being equal in status, rights, and opportunities |
Private Property | Personal or Movable Property |
Justice | The quality of being fair / reasonable |
Authority | The Legal right to give orders and enforce rules |
Government | Institutions and officials organized to establish and carry out public policy |
Power | The ability to cause others to behave as they might not otherwise choose to do |
Legitimacy | The quality of being accepted as an authority, often applied to laws or those in power |
Public Goods | A product or service that is available for all people to consume, whether they pay for it or not |
Nation-states | AN independent state especially one in which the people share a common culture in a nation state, people name a sense of belonging to one country, even if they have different ethnic backgrounds |
Soverignty | The right to exercise supreme authority over a geographic region, a group of people, or oneself |
Politics | The process and method of making decisions for groups. Although generally applied to government politics is also observed in all human interactions |
Institution | An established organization especially that is providing a public service |
Democracy | A system of government in which citizens exercise supreme power, acting either directly on their own or through elected representatives |
Monarchy | A system of government in which a single ruler exercises supreme power based on heredity or divine right. |
Dictatorship | A system of government in which a single person or group exercises supreme power by controlling the military and police |
Market economy | An economic system that relies mainly on markets to determine what goods and services produce and how to produce them |
Traditional economy | an economic system in which decisions about what to produce and how they are made on the basis of customs, beliefs, and traditions |
Republic | A nation in which supreme power rests with the citizens and is exercised by their elected representatives |
Parliament | A legislative assembly in which elected representatives debate and vote on proposed laws |
Command economy | An economic system that relies mainly on the central government to determine what goods and services to produce and how to produce them |