POLS 1113 Study Guide - Midterm Guide: Federalist No. 10, Electoral College, 6 Years

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Document Summary

Autocracy- system of government where an individual ruler has the power to govern. Capitalism- economic system where key industries and businesses are owned privately and individuals can freely create businesses. Checks and balances- the branches of government share powers with each other in order to keep each other in check. Conservatives- individuals that believe more in free markets to improve people"s lives and distrust government. Constitutional system- system of government where basic rules and procedures to govern are agreed upon by the people. Democracy- system of government where the people hold supreme power directly or indirectly by elected representatives. Direct democracy- the people directly exercise political power. Faction- a term defined by madison as a group that places its own interests above the interests of society. Federalism- system of government where there are both national and state governments to divide sovereignty. Founders- the people that established the united states by either writing the constitution or the.