GED Social Studies
Monarchy - ANSWEROne person from a royal family is ruler
Dictatorship - ANSWERAbsolute power of one leader
Oligarchy - ANSWERGoverned by a smart upper class group
Representative democracy - ANSWERpeople elect officials to represent their views
Central Government - ANSWERAlso known as Federal Government
Legislative branch - ANSWERBranch of the federal government that makes laws
Executive branch - ANSWERBranch of the federal government that carries out laws
Judicial branch - ANSWERBranch of the federal government that interprets laws
Checks and balances - ANSWERA system that regulates the power of the federal
government branches
Veto - ANSWERrefuse; not accept
Republicans and Democrats - ANSWERtwo main political parties in US
Immigrants - ANSWERPeople moving to another country
Three basic economic systems - ANSWERCapitalism, Socialism, Communism
Recession - ANSWERPeriod of low productivity and income
Depression - ANSWERSevere recession
Inflation - ANSWERIncrease in prices
Deflation - ANSWERDecrease in prices
Communism - ANSWEREconomic system where government interference is the most
Monarchy - ANSWEROne person from a royal family is ruler
Dictatorship - ANSWERAbsolute power of one leader
Oligarchy - ANSWERGoverned by a smart upper class group
Representative democracy - ANSWERpeople elect officials to represent their views
Central Government - ANSWERAlso known as Federal Government
Legislative branch - ANSWERBranch of the federal government that makes laws
Executive branch - ANSWERBranch of the federal government that carries out laws
Judicial branch - ANSWERBranch of the federal government that interprets laws
Checks and balances - ANSWERA system that regulates the power of the federal
government branches
Veto - ANSWERrefuse; not accept
Republicans and Democrats - ANSWERtwo main political parties in US
Immigrants - ANSWERPeople moving to another country
Three basic economic systems - ANSWERCapitalism, Socialism, Communism
Recession - ANSWERPeriod of low productivity and income
Depression - ANSWERSevere recession
Inflation - ANSWERIncrease in prices
Deflation - ANSWERDecrease in prices
Communism - ANSWEREconomic system where government interference is the most