Definitions and etymology. A government is the system to govern a state or community.. The word government derives, ultimately, from the Greek verb κυβερνάω [kubernáo] (meaning to steer with gubernaculum (rudder), the metaphorical sense being attested in Plato's Ship of State).. The Columbia Encyclopedia defines government as "a system of social control under which the …

feudalism: [noun] the system of political organization prevailing in Europe from the 9th to about the 15th centuries having as its basis the relation of lord to vassal (see vassal 1) with all land held in fee (see fee 1) and as chief characteristics homage, the service of tenants under arms and in court, wardship (see wardship 1), and ...

socialism: [noun] any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.

Fascism definition, a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc., and emphasizing an aggressive nationalism and often racism. See more.

Mixed Economic System Definition. A mixed economic system is a combination of both capitalist and socialistic ideals allowing protection of private assets; while simultaneously allowing liberty in the use of capital together with federal intervention in economic decision making to achieve social objectives involving trade protection, fiscal stimulus in the form of trade subsidies, tax …

spoils system, also called patronage system, practice in which the political party winning an election rewards its campaign workers and other active supporters by appointment to government posts and with other favours. The spoils system involves political activity by public employees in support of their party and the employees’ removal from office if their party loses …

Sep 22, 2021 · A free enterprise system is an economic system where a government places very few restrictions on the types of business activities or ownership that citizens want to engage in. This type of system ...

Definition. Government accounting is far more complex as compared to normal accounting that is carried out by businesses. In this aspect, it is important to consider the fact that government accounting holds tantamount value for numerous different reasons. ... Therefore, it can be seen that the governmental accounting system should be organized ...

Oct 04, 2021 · State Court System. The United States has two separate court systems, which are the federal and the state, because the U.S. Constitution created federalism.Federalism means that governmental ...

Oct 21, 2021 · Federal Reserve System - FRS: The Federal Reserve System (FRS) is the central bank of the United States. The Fed, as it is commonly known, regulates the U.S. monetary and financial system . The ...