UCSP Q2

Front

What is a State?

Back

A group of people occupying a definite portion of territory, possessing a government of their own, to which the inhabitants render habitual obedience.

Front

Define Government.

Back

An agency through which the will of the people is expressed, carried out, and formulated.

Front

What is Monarchy?

Back

A form of government in which supreme power is absolutely lodged with an individual.

Front

What is Totalitarianism?

Back

A political system that strives to regulate nearly every aspect of public and private life.

Front

Define Oligarchy.

Back

A form of government in which power effectively rests with a small elite.

Front

What is Democracy?

Back

A form of government in which the right to govern is held by the majority of citizens.

Front

What are Nonstate institutions?

Back

People and/or organizations that participate in international affairs but are not affiliated with any state.

Front

What is a Bank?

Back

A financial institution licensed to provide various financial services.

Front

What are Commercial Banks?

Back

Financial institutions that provide deposit services and convenience, including credit and debit cards.

Front

Define Investment Banks.

Back

Financial intermediaries that perform a variety of services for businesses and some governments.