Vocabulary
Vocabulary for Chapter 2
Chapter Sectionss
- The Ancient World: From City-States to Empires
- Greece and Rome: Early Forms of People Power
- The Middle Ages: From Feudalism to Nation-States
- The Age of Revolutions: Democracies and Dictatorships
- Monarchy: Rule by the One Hereditary Ruler
- Dictatorships: Rule by the One Powerful Leader
- Theocracy: Rule by the Few Religious Leaders
- Direct Democracy: Rule by All Citizens
- Parliamentary Democracy: Rule by a Legislative Majority
- Presidential Democracy: Rule by Representatives of the People
- Unitary Systems Centralize Power
- Federal Systems Divide Power
- Confederal Systems Decentralize Power
- Three Fundamental Economic Questions: What to Produce, How, and for Whom?
- The Four Factors of Production: Land, Labor, Capital, and Entrepreneurship
- Traditional Economies: Decision Making by Custom
- Market Economies: Decision Making by Individuals
- Command Economies: Decision Making by Government Planners
- Mixed Economies: Shared Decision Making