Download Unit 3 Government Vocabulary Terms LIMITED GOVERNMENTS

Unit 3 Government Vocabulary Terms
LIMITED GOVERNMENTS:
The following government systems are usually limited in their power over the people…
1. Limited Government - People have rights, the governments power is LIMITED usually by
a strictly enforced constitution.
2. Democracy (Presidential or Parliamentary) – Leaders are voted on (ex USA)
3. Republic – a government in which citizens elect leaders to rule on their behalf. (ex USA)
4. Constitutional Monarchy – a form of government where a single person is in charge, the
power is usually inherited from their parents and they usually rule for life. *There is a
set of laws that limits the monarchs power (ex England).
UNLIMITED GOVERNMENTS:
The following government systems are usually unlimited in their power over the people…
5. Unlimited Government – The people have few or NO rights. The government power is
unlimited and there is usually not a constitution limiting what the government can do to
the people.
6. Absolute Monarchy – a form of government where a single person is in charge, the
power is usually inherited from their parents and they usually rule for life. *There are
NO or FEW laws to limit the monarchs power.
7. Theocracy – a government headed by religious leaders. The religion is the law. (ex Iran)
8. Dictatorship – Usually take and keep power by force. Most dictators come to power
after violently overthrowing the previous government.
9. Totalitarian Government - a government in which one person or group of people rule a
country in which the people have no say. Similar to a dictatorship.
10. Single Party-State – The constitution allows only one political party to be in charge.
* possibly but not likely could also fall under “limited”
11. Oligarchy – a small group of people hold all of the power in this type of country.
Other government terms to know…
12. Oppression - when a group of people (or a person) is mistreated by their government .
Usually seen when there are political or religious differences between the government
and the people.
13. Human Rights - The idea that each person has a basic set of rights (things we are
entitled to), the right to life & freedom.
See other side for Economics terms…
Unit 4 Economics Vocabulary Terms
Economic Systems:
1. Traditional – no money is exchanged. Oldest economic system, used in poorer countries
(ex trade 20 chickens for 2 pigs etc)
2. Free Enterprise (Market/Capitalism) - competition among businesses determine the
price of products. Some people can get really wealthy under this system, others can
become very poor.
3. Socialism – The people work together for the common good, equal pay/benefits. Ex
school system, police, fire department – everyone pays a different amount of taxes
based on their income but all benefit equally.
4. Command/Communism – Central government controls all means of production of goods
and services. The government benefits the most $$$ under this system.
Other economics terms to know…
5. Globalization- similar to diffusion, where we are increasingly more connected to other
countries through the internet and importing/exporting items, cultures become more
alike as a result.
6. Export- a product that is SOLD from one country to another. (Japan exports/sells
electronics to America).
7. Import-the products that a country BRINGS in/BUYS from another country. America
imports/buys electronics from Japan).
8. Developed countries/Industrialized nation – Wealthier countries, very industrialized, has
a lot of technology, high standard of living, high GDP. “1st World”
9. Developing country- Not as wealthy as the country above, lower standard of living, low
GDP.
10. Less developed nation – Poorer countries, low standard of living, lower GDP. “3rd World”
11. GDP(gross domestic product) - The value of only goods and services produced within a
country in a period of time. Used to measure a countries wealth. High GDP = Rich
Country/Low GDP = Poor Country
12. Standard of living –the level of wealth, comfort, material goods & necessities available.
High Standard of Living = Rich Country /Low Standard of Living = Poorer Country.
13. Renewable resource – A natural resource which can replenish (replace) itself. Sun, soil,
water
14. Nonrenewable resource – a natural resource that we have limited quantities of, or
which we can or may run out of. Gasoline, coal, natural gas are examples.