Public Sector Procurement

Term 1: Silk Road
Definition 1: A vast network of trade routes established during the Han Dynasty of China that connected the East to the West.
Term 2: Primary commodity of the Silk Road
Definition 2: Silk, the most valuable commodity traded, which also gave the route its name.
Term 3: Other goods exchanged on the Silk Road
Definition 3: Spices, tea, porcelain, and precious metals.
Term 4: Thomas Hobbes' view on governance
Definition 4: Believed that people could not govern themselves and a monarch with absolute power would best protect life.
Term 5: Thomas Hobbes' "social contract" theory
Definition 5: People sacrifice some freedoms (by respecting government) in exchange for government protection.