Unit 1 Government Review 2024-25

An economic system combing private and public enterprise with government regulation of business.

• Capitalist economy
• Socialist economy
• Planned economy
• Mixed economy

An economy in which supply and demand drive economic decisions.

• Market economy
• Planned economy
• Command economy
• Traditional economy

An economic system in which a central government makes all economic decisions

• Command economy
• Traditional economy
• Mixed economy
• Market economy

A system in which the government does not interfere in the workings of the market at all.

• Mixed economy
• Command economy
• Socialism
• Laissez-faire

Type of government in which people make all the decisions for their government

• Oligarchy
• Representative Democracy
• Monarchy
• Direct Democracy

A type of government in which citizens elect representatives to govern

• Monarchy
• Oligarchy
• Dictatorship
• Republic

A document written in 1215 in England that established the rule of law and limited the power of the British monarch

• Act of Settlement
• Bill of Rights
• Magna Carta
• English Civil War

A document written in 1689 that limited the power of the British monarch and guaranteed basic rights for British citizens.

• English Civil War Document
• Act of Settlement 1701
• English Bill of Rights

• Magna Carta 1215

A type of government in which religious leaders govern usually according to a religious text or law.

• Democracy
• Monarchy
• Oligarchy
• Theocracy

A type of government in which a small group of elites govern.

• Oligarchy
• Monarchy
• Theocracy
• Democracy