COMPLETE QUESTIONS AND VERIFIED
SOLUTIONS
◉ Dictatorship. Answer: Absolute power of one leader
◉ Oligarchy. Answer: Governed by a smart upper class group
◉ Representative democracy. Answer: people elect officials to
represent their views
◉ Central Government. Answer: Also known as Federal Government
◉ Legislative branch. Answer: Branch of the federal government that
makes laws
◉ Executive branch. Answer: Branch of the federal government that
carries out laws
◉ Judicial branch. Answer: Branch of the federal government that
interprets laws
, ◉ Checks and balances. Answer: A system that regulates the power
of the federal government branches
◉ Veto. Answer: refuse; not accept
◉ Republicans and Democrats. Answer: two main political parties in
US
◉ Immigrants. Answer: People moving to another country
◉ Three basic economic systems. Answer: Capitalism, Socialism,
Communism
◉ Recession. Answer: Period of low productivity and income
◉ Depression. Answer: Severe recession
◉ Inflation. Answer: Increase in prices
◉ Deflation. Answer: Decrease in prices
◉ Communism. Answer: Economic system where government
interference is the most