Test 1 Review

What is a government that is run by the people? Either directly or indirectly?

• Oligarchy

• democracy

• autocracy

• communism

When the central government is run by a small group of people. 

• Autocracy 
• Democracy 
• Oligarchy 
• Parliamentary 

What type of government has a king or queen that holds all the power?

• Monarchy
• Dictatorship
• Direct Democracy
• Republic

 Self-appointed single person/group rules controlling all aspects of public life (example: freedom of speech) often through military force, intimidation

• Dictatorship
• Totalitarian
• Monarchy
• Liberty

 People elect representatives to make laws/decisions for them, a government without a monarch.

• Anarchy
• Republic
• Dictator
• Monarchy

Which of the following is an economic system in which the government and individuals work together?

• Capitalism
• Communism
• Traditional economy
• Socialism

This system is associated with the least governmental involvement.

• Traditional 
• Capitalism
• Communism
• Socialism

______________get to make the economic decisions under capitalism.

• Individuals
• Government
• Literally no one
• The President 

An economy where the means of production are privately owned with none or limited government involvement.

• communism

• socialism

• capitalism

• egocentrism

Which of the following would happen only in a communist economy?

• A.The government promotes competition 
• The government provides incentives for innovation
• The government emphasizes the production of consumer goods
• The government controls all business activities