| A | B |
|---|
| Parliamentary System | The head of the government is the leader of the political party that has the most members in the parliament |
| Dual System | Government with both a President and Prime Minister; has features of both the Parliamentary and Presidential systems |
| Mixed Economy | with both privately owned and government controlled business |
| Federation | A union of states united by a central government |
| Unitary | A system of government where the federal government retains power and delegates that power to the lower levels |
| Confederation | A union of states…less binding than a federation. States retain their identity |
| Autocratic | Holds independent and absolute power. |
| Oligarchic | Few hold independent or absolute power |
| Democratic | The people hold the power through a vote. |
| Representative Democracy | The people vote for representatives in their government. |
| Euro | currency used by the European countries |
| European Union | a federation of 25 countries that have to meet specific criteria. Their currency is the Euro. |
| Tariff | a fee paid on imported or exported goods; this makes them more expensive |
| Currency | system of money |
| Sovereignty | the right to govern yourself |
| Chernobyl | Most severe nuclear accident to ever take place. An explosion occurred when scientists were doing and experiment. |
| Mikhail Gorbachev | allowed the fall of communism in Eastern Europe in the late 1980s. |
| Command Economy | Economy in which supply and price are regulated or imposed by a central nonmarket authority; a communist economy…Communism |
| Presidential System | The head of government is elected by the people. |
| Market Economy | An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy…Capitalism |
