Social Studies Vocabulary - Nevada
F
- Federalism:
- A form of political organization in which governmental power is divided between a central government and territorial
subdivisions (e.g. states).
- Feudalism:
- An economic, political, and social system in medieval Europe in which land was held by vassals in exchange for military and
other services given to overlords.
- Feudal Relationship:
- Agreed-upon mutual obligations between lord and vassal.
- Financial Institution:
- Organization whose core business is coordinating the activities of borrowers and lenders.
- Fine Arts:
- Art, photography, dance, sculpture, architecture, and music.
- Fiscal Policy:
- Federal government actions related to government spending and/or taxation.
- Foreign Policy:
- The actions and positions that a nation takes in every aspect of its relationships in world affairs.
- Fragmentation:
- Breaking away from the whole.
- Free Market:
- A market in which government neither regulates the price nor the quantity bought and sold.
- Free Trade:
- Trade that is not limited by government regulation.
