SYSTEMS OF GOVERNMENT AND TYPES OF ECONOMIES REVIEW

SYSTEMS OF GOVERNMENT AND TYPES OF ECONOMIES REVIEW…

THIS IS AN ECONOMIC SYSTEM PROPOSED BY KARL MARX IN WHICH ALL MEANS OF PRODUCTION ARE OWNED BY THE PROLETARIAT, BUT ARE CONTROLLED BY THE GOVERNMENT. I. E. SOVIET UNION OR CHINA A. Democracy B. Theocracy • Answer is C. Communism D. Constitutional Monarchy

THIS IS A FORM OF GOVERNMENT IN WHICH A GOD IS PLACED AS THE HEAD OF STATE AND ALL RULES ARE BASED SOLELY ALONG RELIGIOUS DOCTIRINE. A. Communism • Answer is B. Theocracy C. Confederation D. Oligarchy

A GROUP OF PROVINCES OR STATES THAT COME TOGETHER UNDER A COMMON CONSTITUTION. THEY DIFFER FROM A FEDERATION IN THAT THEY RETAIN SPECIFIC STATE OR PROVINCIAL RIGHTS. A. Communism • Answer is C confederation B. Theocracy C. Confederation D. Oligarchy

THIS MEANS “RULE BY A SMALL GROUP” AND DESCRIBES THE SYSTEM OF GOVERNMENT EMPLOYED BY ANCIENT SPARTA. A. Oligarchy B. Confederation C. Theocracy D. Autocracy • The answer is A. Oligarchy

THIS IS A TYPE OF GOVERNMENT IN WHICH A GROUP OF INDIVIDUAL STATES ARE UNITED UNDER A STRONG, CENTRAL GOVERNMENT A. Federation B. Oligarchy C. Parliamentary Democracy D. Communism • The Answer is A. Federation or Federal government

THIS IS A TYPE OF GOVERNMENT IN WHICH THE INSTITUTIONS OF THE STATE ARE GOVERNED AS A SINGLE UNIT, WITH ONE CONSTITUTIONALLY CREATED LEGISLATURE A. Federal • The answer is B. Unitary C. Confederation D. Oligarchy

THIS IS A TYPE OF GOVERNMENT IN WHICH POWER IS HELD BY A SINGLE, SELF-APPOINTED RULER A. Autocratic B. Oligarchic C. Democratic D. None of the Above • The answer is A. Autocratic

IN THIS TYPE OF GOVERNMENT, POLITICAL AND GOVERNMENTAL POWER IS HELD BY THE CITIZENS OF THE COUNTRY, WHO CHOOSE WHO AMONG THEMSELVES WILL LEAD THEM A. Autocracy • The Answer is C. Democracy B. Oligarchy C. Democracy D. None of the above

IN THIS TYPE OF GOVERNMENT, THERE IS NO CLEAR-CUT SEPARATION OF POWERS BETWEEN THE LEGISLATIVE AND EXECUTIVE BRANCHES, THOUGH THE LEGISLATIVE HAS MOST OF THE GOVERNMENTAL POWER. A. Communism • The Answer is D. Parliamentary Democracy B. Theocracy C. Autocracy D. Parliamentary Democracy

IN THIS TYPE OF GOVERNMENT, THE ELECTED HEAD OF THE EXECUTIVE BRANCH ACTS INDEPENDENTLY OF THE LEGISLATIVE AND JUDICIAL BRANCHES A. Communism • The Answer is D. Presidential B. Theocracy C. Autocracy D. Presidential Democracy

THIS IS A FORM OF GOVERNMENT IN WHICH A MONARCH IS HEAD OF STATE BUT HIS OR HER POWERS ARE RESTRICTED BY LAW, USUALLY WITHIN A PARLIAMENTARY SYSTEM. A. Communism • The answer is D. Constitutional Monarchy B. Theocracy C. Presidential Democracy D. Constitutional Monarchy

TYPES OF ECONOMIES

THIS ECONOMY ALLOWS FOR ALL DECISIONS TO BE MADE BY THE INTERACTION BETWEEN SUPPLY AND DEMAND. A. Market B. Command C. Traditional D. Mixed • The answer is A. Market

THIS ECONOMY OCCURS WHEN THE INDIVIDUAL HAS LITTLE INFLUENCE OVER THE BASIC ECONOMIC QUESTIONS; INSTEAD, THE GOVERNMENT MAKE THE DECISIONS. • The answer is B. Command

THE THREE ECONOMIC QUESTIONS ARE MADE BY THE CONSUMERS AND THE GOVERNMENT. • The answer is D. Mixed

ENSURES COMPETITION BY ALLOWING THE GOVERNMENT TO REGULATE BUSINESSES AND OFFER SUBSIDIES • The answer is D. Mixed

EXISTS IN MOSTLY THIRD WORLD (DEVELOPING) COUNTRIES WHERE BARTERING IS THE MAIN SOURCE OF OBTAINING GOODS. • The answer is C. Traditional

MOST COMMON AROUND THE WORLD AND OFFERS FOR THE GREATEST AMOUNT OF GROWTH WITHIN A PERIOD OF TIME • The Answer is D. Mixed

THIS ECONOMY OCCURS WHEN THE GOVERNMENT OWNS ALL THE FACTORS OF PRODUCTION. • The answer is B. Command