Honors US government Test #1-solved

*Government Systems * - ANSWER Oligarchy - ANSWER A form of government in which the power to rule is held by a *small group*, usually self-appointed elite. Ex. China Democracy - ANSWER A political system in which the supreme power lies in a body of citizens who can elect people to represent them *citizens govern themselves* autocracy - ANSWER A form of government in which a single individual rules Ex. dictatorship or monarchy *Economies* - ANSWER Socialism - ANSWER A system in which society, usually in the form of the government, owns and controls the *basic means of production*. Communism - ANSWER A political and economic system where factors of production are collectively owned and directed by the state. * the government owns all the property*