PIG/Economics Vocabulary #1

16 cards·by scout1

Democracy

A type of government ruled by the people; political system where people elect their leaders and make their laws

Federalism

Power is shared between the national and state government

Constitution

Written set of rules and laws

Capitalism

An economic system that includes private ownership of goods and property

Supersede

To over rule; to cancel out

Assassination

To kill suddenly or secretly

Imminent

Likely to occur at any moment

Corporal Punishment

Use of physical punishment to cause pain

Obese

Extremly over weight

Exempt

Not included; doesn't apply

Vaccination

A drug to prevent a virus and cause immunity

Ban

Prohibit, to not allow

Hydrofracking

The injection of high pressured water to fracture rock and release natural gas

Law of Unintended Consequences

The actions of people/government always have effects that are not anticipated or intended

Drone

An unmanned aircraft used in war

immunity

to be exempt from a rule or regulation