Understanding Government and Economics

What is a Unitary government?

• A government where power is divided between national and regional authorities.

• A government where power is held by a single central authority.

• A government where power is shared among independent states.

• A government where power is held by a monarch.

Which of the following best describes a Federal government?

• Power is concentrated in a central government.

• Power is divided between national and regional governments.

• Power is held by a single ruler.

• Power is shared among independent states.

What is a Confederal system of government?

• A system where a central authority holds all the power.

• A system where power is shared among independent states.

• A system where power is divided between national and regional governments.

• A system where power is held by a monarch.

Which economic system is characterized by private ownership and free markets?

• Communism

• Socialism

• Capitalism

• Theocracy

In which economic system does the government own and control major industries?

• Capitalism

• Socialism

• Free Market

• Monarchy

What is Communism?

• An economic system where private individuals own resources.

• An economic system where the government owns all property and resources.

• A political system where a king or queen rules.

• A system where religious leaders control the government.

Which of the following is a characteristic of a Free Market economy?

• Government sets prices for goods and services.

• Prices are determined by supply and demand.

• All businesses are owned by the government.

• There is no competition among businesses.

What is a Republic?

• A form of government where citizens elect representatives to govern on their behalf.

• A form of government where a king or queen has absolute power.

• A form of government where religious leaders rule.

• A form of government where power is held by a single individual.

Which of the following best describes a Democracy?

• A system where a single ruler makes all decisions.

• A system where citizens have the power to make decisions through voting.

• A system where religious leaders control the government.

• A system where power is inherited through family lines.

What is a Theocracy?

• A government ruled by a king or queen.

• A government where religious leaders control the state.

• A government where power is held by a single individual.

• A government where power is shared among independent states.