BADM 318 Quiz 2 Questions and Answers 100%
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A legal system based on a very detailed set of laws organized into codes,
used by over 80 countries including Germany, France, Japan, and Russia.
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1 Political System 2 Communists
3 Democracy 4 Civil Law
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Terms in this set (67)
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, 10/22/25, 6:20 AM BADM 318 Quiz 2 Questions and Answers 100% Correct Flashcards | Quizlet
Political System The system of government in a nation.
A system that stresses the primacy of collective goals
Collectivism
over individual goals.
A political philosophy that an individual should have
Individualism freedom over his or her economic and political
pursuits.
A political system where the government controls the
Socialism means of production, with the aim of achieving
collective goals.
A political system characterized by the rule of the
Democracy majority, where citizens have the right to participate in
decision-making.
A political system where the state holds total authority
Totalitarianism over society and seeks to control all aspects of public
and private life.
The process of selling state-owned enterprises to
Privatization
private investors.
Legal rights that grant creators protection for their
Intellectual Property
inventions, designs, and artistic works.
Exclusive rights granted for an invention, allowing the
Patents patent holder to exclude others from making, using,
or selling the invention.
Legal rights that grant the creator of original work
Copyrights
exclusive rights to its use and distribution.
Symbols, words, or phrases legally registered or
Trademarks established by use as representing a company or
product.
Political advocates who seek to achieve socialist
Social Democrats
goals through democratic means.
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