GED Social Studies Study Guide
Monarchy --One person from a royal family is ruler Dictatorship --Absolute power of one leader Oligarchy --Governed by a smart upper class group Representative democracy --people elect officials to represent their views Central Government --Also known as Federal Government Legislative branch --Branch of the federal government that makes laws Executive branch --Branch of the federal government that carries out laws Judicial branch --Branch of the federal government that interprets laws Checks and balances --A system that regulates the power of the federal government branches Veto --refuse; not accept Republicans and Democrats --two main political parties in US Immigrants --People moving to another country Three basic economic systems --Capitalism, Socialism, Communism Recession --Period of low productivity and income
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