General Revision

1. costs or benefits that affect third parties to a transaction.
6. Followers of this type of authority are attracted by a leaders' personal qualities.
12. An economic system of lords and serfs. Serfs tied to the land.
13. Living with the wife's mother after marriage.
14. Rule of the wealthy regardless of their number.
15. An economic system in which human property predominates.

2. The basic economic problem.
3. An economic system where collective ownership of the means of production exists.
4. Rule of the poor regardless of number.
5. Power made legitimate by laws, written rules and regulations.
7. authority that is accepted because it has been accepted for a long time.
8. Monarchs are recognized but have to adhere to laws of the constitution. In many cases they are figureheads with no real power.
9. Monarch has absolute power over his subjects and his will is enforced.
10. The Austrian economist most associated with the Socialist Calculation Debate.
11. The absence of organized government.