MIS Government and Economics Test Review

Which two types of government are found in the United Kingdom?

In this type of economy, prices are set by supply and demand, not the government:

In this government structure, you have the right to practice any religion you want, without restriction.

A person who BUYS goods or services is called:

Which would go with LOWER standard of living?

In this type of government structure, the government is led by religious leaders...

In this government, the people vote directly for their leader there is no representative body that votes for them

In this government structure, the leader is often a high ranking military officer and has complete control

Which of these is NOT an economic indicator?

Economics is the study of _________________

Kim Jung Un of North Korea is the leader of this type of government:

“We the People, in order to form a more perfect union, establish justice, provide for the common defense..."

"All power is in the hands of the minister, who is appointed by the King."

Democracy is a type of:

In this type of government, even the people who make the laws must obey them:

In this type of government, the King or Queen governs with absolute and total power:

“The extra taxes that were collected were used so that our leader could build another palace to live in.”

The United States is a:

“The Senate finds the President guilty of perjury and sentenced him to pay $30,000 and be (disapproved) by Congress.”

people have no choice in what business they are in, what they produce, or how much they charge. The Government chooses.

A King/Queen & legislature make laws. The legislature holds most of the power. The power given to the royals is limited