A | B |
Government | Institution through which a society makes and enforces its public policies |
Public Policy | All of the many goals that a government pursues in all of the many areas of human affairs in which it is involved |
Legislative Power | The power to make the law and to frame policies |
Executive Power | The power to execute, enforce and administer law |
Judicial Power | The power to interpret laws, determine their meaning, and to settle disputes that arise within society |
Constitution | The body of fundamental laws setting out principles, structures, and processes of a government |
Dictatorship | A form of government in which the leader has absolute power and authority |
Democracy | A form of government in which the supreme power rests with the people |
State | A body of people, living in a defined territory, organized politically, and has power to make and enforce their own laws without consent of higher authority |
Sovereign | When a state has supreme and absolute power within its own territory and can decide on its own foreign and domestic policies |
Autocracy | A government in which a single person holds unlimited political power |
Oligarchy | A government in which the power to rule is held by a small, usually self-appointed elite |
Unitary Government | All powers held by this government belong to a single, central agency |
Federal Government | The powers of this government are divided between a central government and several local governments |
Division of Powers | The idea that government is divided between nation and state governments |
Confederation | An alliance of independent states |
Presidential Government | Features a separation of powers between the executive and legislative branches of government |
Parliamentary Government | Form of government is made up of the prime minister, or premier, and that official's cabinet |
Compromise | The process of blending and adjusting competing views and interests |
Free Enterprise System | Economic system characterized by the private ownership of capital goods, investments made by the private decision, and success or failure determined by competition in the marketplace |
Law of Supply and Demand | When supplies of goods and services become plentiful, prices tend to drop; supplies are scarce, prices tend to rise |
Mixed Economy | An economy in which private enterprise exists in combination with a considerable amount of government regulation and promotion |