Scarcity

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13 Terms

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Government

Political organizations through which scarcity decisions and public policies are made and enforced

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Democracy

Type of government where power is held by the people and exercised through them (voting)

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Republic

Where people are elected by the citizens to speak or act on their behalf

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Scarcity

Trying to fulfill unlimited wants and needs with limited resources

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Politics

The way in which people resolve social conflict

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Social Conflict

The idea that people in a society disagree over beliefs, values, and what the society's priorities should be

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Power

The ability to do something

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Authority

The right to make decisions/Having power or influence over people or groups

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Nation

People united by common decent, history, culture, or language, inhabiting a particular country or territory

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Sovereignty

The power and authority to rule oneself; governments must have this

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Population

Group of people living within an area

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Territory

Land on which population lives

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Social Contract

An implicit (understood) agreement among the members of a society to cooperate for social benefits