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| Structures, processes, and activities by which a nation governs itself. |
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| Political system in which government leaders are elected directly by the wide participation of the people or by their representatives. |
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| Democracy in which citizens elect individuals from their groups to represent their political needs and views. |
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| Segment of the economic environment comprising independently owned firms that exist to make a profit. |
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| Political system in which individuals govern without the support of the people, government maintains control over many aspects of people's lives, and leaders do not tolerate opposing viewpoints. |
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| Political system in which a country's political leaders are religious leaders who enforce laws and regulations based on religious beliefs. |
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| Theocratic Totalitarianism |
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| Political system in which religious leaders govern without the support of the people wand do not tolerate opposing viewpoints. |
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| Political system in which leaders rely on military and bureaucratic power. |
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| Belief that social and economic equality can be obtained only by establishing an all-powerful Communist party and by granting the government ownership and control over all types of economic activity. |
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| Belief that social and economic equality is obtained through government ownership and regulation of the means of production. |
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| Belief that ownership of the means of production belongs in the hands of individuals and private businesses. |
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| Likelihood that a government of society will undergo political changes that negatively affect local business activity. |
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| Forced transfer of assets from a company to the government without compensation. |
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| Forced transfer of assets from a company to the government with compensation. |
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| Government takeover of an entire industry. |
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| Local Content Requirements |
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| Laws stipulating that a specified amount of a good or service be supplied by producers in the domestic market. |
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| Policy of hiring people to represent a company's views on political matters. |
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| Foreign Corrupt Practices Act |
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| 1977 statute forbidding US companies from bribing government officials or political candidates in other nations. |
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| Set of laws and regulations, including the processes by which a country's laws are enacted and enforced and the ways in which its courts hold parties accountable for their actions. |
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| Use of information technology and e-commerce techniques that allow citizens and businesses to access government information and obtain public services. |
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| Devotion of a people to their nation's interests and advancement. |
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| Legal system based on a country's legal history (tradition), past cases that have come before its courts (precedent) and the ways in which laws are applied in specific situations (usage). |
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| Legal system base don a detailed set of written rules and statutes that constitute a legal code. |
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| Legal system based on religious teachings. |
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| Property that results from people's intellectual talent and abilities. |
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| Legal rights to resources and any income they generate. |
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| Property right granted to the inventor of a product or process that excludes others from making, using, or selling the invention. |
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| Property right in the form of words or symbols that distinguish a product and its manufacturer. |
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| Property right giving creators of original works the freedom to publish or dispose or them as they choose. |
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| International treaty that protects copyrights. |
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| Responsibility of manufacturers, sellers, and others for damage, injury, or death caused by defective products. |
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| Tax levied on each party that adds value to a product throughout its production and distribution. |
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| Antitrust (antimonopoly) Laws |
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| Laws designed to prevent companies from fixing prices, sharing markets, and gaining unfair monopoly advantages. |
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| Personal behavior in accordance with rules or standards for right conduct or morality. |
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| Practice of companies going beyond legal obligations to actively balance commitments to investors, customers, other companies, and communities. |
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| International organization formed after World War II to provide leadership in fostering peace and stability around the world. |
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