Foundations of Gov_2

an economic system in which the government controls the factors of production

• laissez-faire

• mixed economy

• socialism

• democratic socialist

• command economy

a socialist who is committed to democracy but wants government involvement in the distribution of wealth.

• laissez-faire

• mixed economy

• socialism

• democratic socialist

• command economy

an economic system in which the government controls most if not all of the public services and product production/distribution.

• laissez-faire

• mixed economy

• socialism

• democratic socialist

• command economy

a system in which the government regulates private enterprise.

• laissez-faire

• mixed economy

• socialism

• democratic socialist

• command economy

the philosophy that government should keep its hands off the economy.

• laissez-faire

• mixed economy

• socialism

• democratic socialist

• command economy

the opportunity to control one's own economic decisions

• monarchy

• democracy

• capitalism

• free market

• free enterprise

an economic system in which buyers and sellers make free choices in the marketplace

• monarchy

• democracy

• capitalism

• free market

• free enterprise

an economic system that emphasizes freedom of choice and individual incentive

• monarchy

• democracy

• capitalism

• free market

• free enterprise

government in which the people rule

• monarchy

• democracy

• capitalism

• free market

• free enterprise

a system of government in which a king, queen or emperor exercises supreme power of government.

• monarchy

• democracy

• capitalism

• free market

• free enterprise