supreme court | | The act of controlling or directing according to rule, principle, or law |
resources | | A perspective, preferance, or inclination that inhibits impartial judgement |
law | | Goods sold to other countries |
disarmament | | An underlying base or structure for an organization or system |
interest | | A person's or group's level of material well being, as measured by education, housing, health care, and nutrition |
checks and balances | | The head of the judicial branch |
amendments | | Anything used as a medium of exchange |
capitalism | | Taxes imposed on imported goods |
judicial | | A policy of stronger countries taking economic, political, and social control over weaker countries |
traditional economy | | A society in which people make a living from farming |
agrarian society | | Laws passed by federal and state governments to prevent new monopolies and break up existing ones |
migration | | Changes or additions to a constitution or law |
executive | | People that organize to impact public policy for a business or group |
veto | | The movement of large groups of people from one country or region to another |
constitution | | An economy in which government minimizes its interference in business |
recession | | An economy in which decisions on production and consumption are based on customs, beliefs, rituals |
tariffs | | A policy that involves changing the rate of growth of the supply of money in circulation in order to affect the cost and availability of credit |
dictator | | The job of this branch of the government is to interpret the laws |
laissez faire | | The interconnections of the market that go beyond national boundries |
reparations | | A downturn in the economy; not as severe as a depression |
bias | | A body of fundamental laws establishing the principles, structures, and processes of a government |
president | | A situation in which people have the same privileges, status, or rights |
democracy | | If the president signs a bill, it becomes this |
monetary policy | | The head of the executive branch |
antitrust legislation | | Payment for war damages |
money | | The percentage of a loan that must be repaid in addition to paying the principal |
depression | | The job of this branch of the government is to write new laws |
equality | | A leader of a country who has absolute power and authority |
imperialism | | A period of economic slowdown in which there is high unemployment, business failures, etc |
infrastructure | | The movement of people to one region or country to a different region or country |
exports | | The job of this branch of the government is to enforce laws |
standard of living | | The purchase of goods or services in the present with the promise to pay for them in the future |
global economy | | This system is to keep one branch of the government from overpowering another branch |
immigration | | GDP; |
monarchy | | The executive branch can do this to a bill passed by congress |
legislative | | A system of government headed by royalty, whose position is usually inherited |
credit | | An economy that combines features of more than one of the traditional, command and market systems |
regulation | | These can be used to make goods or provide services; they can be natural, human or capital |
special interest groups | | A system of government which political control is exercised by all the people, either by direct election or election of representatives |
mixed economy | | The reduction of armed troops and weapons |
Gross Domestic Product | | An economy in which private individuals own the means of production |