Understanding Economic and Government Systems

Front

What is the primary characteristic of a market economy?

Back

Markets determine production

Front

In a democracy, how is supreme power exercised?

Back

By citizens directly or through representatives

Front

Which system of government is characterized by a single ruler with hereditary power?

Back

Monarchy

Front

What is a key feature of a command economy?

Back

Central government control

Front

Which term describes a government where a single party controls both the government and the economy?

Back

Communism

Front

What is the role of a parliament in a parliamentary democracy?

Back

To debate and vote on laws

Front

How does a constitutional monarchy differ from an absolute monarchy?

Back

A constitution limits the monarch's power in a constitutional monarchy.

Front

What is the primary function of a constitution in a government?

Back

To guide the distribution of government powers and duties

Front

Which system of government is characterized by rule by a few people?

Back

Oligarchy

Front

What is the main difference between a presidential democracy and a parliamentary democracy?

Back

In a presidential democracy, the president is elected by the people.