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anarchy
(n) a lack of government and law; confusion
government
The institution through which a society makes and enforces its public policies
nation
a group of people with a common culture living in a territory and having a strong sense of unity
state
An area organized into a political unit and ruled by an established government with control over its internal and foreign affairs.
country
a nation or area of land that is politically controlled by one government
Soverneignty
a government that makes and enforces its own laws without approval from any other authority.
divine right
Belief that a rulers authority comes directly from god.
social contract
An agreement between the people and their government signifying their consent to be governed
unitary system
A government that gives all key powers to the national or central government
Confederacy
A loose union of independent states
federal system
A government that divides the powers of government between the national government and state or provincial governments
constitution
A written plan of government
constitutional government
government whose power is defined and limited by law
dictatorship
A form of government in which the leader has absolute power and authority.
oligarchy
A government ruled by a few powerful people
Monarchy
A government ruled by a king or queen
democracy
A political system in which the supreme power lies in a body of citizens who can elect people to represent them
Republic
A form of government in which citizens choose their leaders by voting
economics
The study of how people seek to satisfy their needs and wants by making choices
economic regulation
government regulation of business practices, industry rates, routes, or areas serviced by particular industries
Capitalism
An economic system based on private ownership of capital
free market
An economic system in which prices and wages are determined by unrestricted competition between businesses, without government regulation or fear of monopolies.
Laissez-faire economics
Theory that opposes governmental interference in economic affairs beyond what is necessary to protect life and property.
mixed economies
Economic systems in which some allocation of resources is made by the market and some by the government
Socialism
A system in which society, usually in the form of the government, owns and controls the means of production.
democratic socialists
a socialist who is committed to democracy but wants government involvement in the distribution of wealth
command economy
An economic system in which the government controls a country's economy.
Communism
A theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state.