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Government HSA Review - Unit 1: Types of Government & Economic Systems Flashcards | StudBud
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Government HSA Review - Unit 1: Types of Government & Economic Systems
Government HSA Review - Unit 1: Types of Government & Economic Systems
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1
Consumer choice dictates the success of goods/services and therefore what is produced.
Market
Traditional
Mixed Market
Command
2
T or F? In the U.S., a combo of command, traditional, and market forces guide econ. decisions.
True
False
3
Government steps in to handle inequities in the system (ex: social welfare programs).
Market
Traditional
Mixed Market
Command
4
A government in which a small group holds power.
Totalitarian Dictatorship
Oligarchy
Monarchy
Presidential Democracy
5
Democratic or Authoritarian? Rights are guaranteed by a constitution.
Authoritarian
Democratic
6
Democratic or Authoritarian? Government power is unlimited.
Democratic
Authoritarian
7
The government decides what should be produced and owns most of businesses.
Command
Market
Mixed Market
Traditional
8
Presidential or Parliamentary? Election when leader calls for one.
Parliamentary
Presidential
Both
9
What/How/For Whom to produce questions are decided based on past customs and beliefs.
Market
Command
Traditional
Mixed Market
10
Presidential or Parliamentary? Elections every 4 years.
Both
Presidential
Parliamentary
11
Democratic or Authoritarian? Intimidation or force is used to keep power.
Democratic
Authoritarian
12
True or False? In a command economy, what to produce is decided by consumer choice.
True
False
13
The government does the planning for production, the occupation of workers, and their salaries.
Market
Traditional
Mixed Market
Command
14
Business leaders choose the means of production based upon efficiency & profits.
Traditional
Market
Command
Mixed Market
15
Democratic or Authoritarian? Use of one party elections.
Authoritarian
Democratic
16
A government in which the people elect the leader of a separate executive branch.
Oligarchy
Totalitarian Dictatorship
Presidential Democracy
Monarchy
17
Not all decisions are made by individuals reacting to the market.
Market
Traditional
Mixed Market
Command
18
Presidential or Parliamentary? Three separate branches of government.
Both
Presidential
Parliamentary
19
True or False? Private ownership of business is a key characteristic of a market economy.
False
True
20
Democratic or Authoritarian? Criticism of the government is not allowed.
Authoritarian
Democratic
21
Democratic or Authoritarian? Both the government and the people are under a rule of law.
Authoritarian
Democratic
22
The government controls the distribution system for goods/services.
Market
Mixed Market
Command
Traditional
23
An autocracy in which a king, queen, or emperor exercises supreme power of government.
Totalitarian Dictatorship
Oligarchy
Monarchy
Presidential Democracy
24
Democratic or Authoritarian? Power is separated and checked.
Authoritarian
Democratic
25
True or False? The U.S.P.S. is an example of a traditional economy.
False
True
26
Democratic or Authoritarian? Power is located in the hands of an individual or small group.
Authoritarian
Democratic
27
Presidential or Parliamentary? Leader elected by majority party
Parliamentary
Both
Presidential
28
T or F? In a market economy, decisions about what to produce are made by consumers/producers.
False
True
29
Democratic or Authoritarian? Secret ballots are used in elections.
Authoritarian
Democratic
30
A government in which the power to rule is in the hands of a single individual.
Monarchy
Totalitarian Dictatorship
Presidential Democracy
Oligarchy
31
Democratic or Authoritarian? Government is limited by the consent of the governed.
Authoritarian
Democratic
32
Presidential or Parliamentary? Bicameral legislature elected by the people.
Both
Presidential
Parliamentary
33
Consumer's income determines who receives which goods/services.
Market
Traditional
Command
Mixed Market
34
Presidential or Parliamentary? One unified branch of government.
Both
Parliamentary
Presidential
35
True or False? The role of government is limited in a market economy.
False
True
36
Federal, state, and local governments make laws regulating some areas of business.
Mixed Market
Command
Market
Traditional
37
A government in which the executive and legislative functions are part of an elected assembly.
Parliamentary Democracy
Presidential Democracy
Monarchy
Oligarchy
38
Presidential or Parliamentary? Leader elected by the people - serves a set term.
Parliamentary
Presidential
