INT MAN Chapter 2
an individual's right to do something may be restricted on the grounds that it runs counter to "the good of society"
Collectivism
communist countries focused on collectivist goals. The gov planned production, fixed commodity prices, and also directed investments to ensure they benefited the nation as a whole and not only a few individuals.
Command economy
In a pure command economy, the prices at which goods and services are sold are planned by the
Government.
Daveed is the warehouse supply manager for a privately owned auto parts distributor. It is his job to take inventory of the products the company has available and place orders for parts when supplies run low. This supply and demand form of production is an example of a ________ economy
Market
Theft or Blackmail, Weak legal system, organized crime/ protection money. and the like by private individuals or groups
Private Action
The state senator was found guilty of _________ when she tried to overcharge for licenses and permits from an international business that wanted to open a manufacturing plant in her state.
Public Action
public officials extort income or resources from property holders. Excessive taxation requiring expensive licenses or permits from property holders, or taking assets into state ownership without compensating the owners. Bribery, Legal mechanisms, corruption
Public Action
In the US citizens have the right to elect officials who make decisions on behalf of the public.
Representative Democracy
A form of government in which political power is monopolized by a party, group, or individual that governs according to religious principles is called what type of totalitarianism?
Theocratic
Differences in Political Systems Political System→ Country
Theocratic→ Saudi Arabia Tribal→ Zimbabwe Representative Democracy→ United States Communist → China Right-Wing→ Italy in the 1930s Social Democracy→ France
political system has a government in which one political party exercises absolute control over all spheres of human life and doesn't allow opposing political parties to exist.
Totalitarianism
A country that has lax intellectual property laws will find that firms...
will be reluctant to enter into such a country.