FEB 16-20

Monday- Went over the South american map

Anarchy- where the country falls into anarchy, no true government/ruler

Capitalism/Socialism- Capitalism- A economic/political system that has private ownership or products, citizens own the the goods. Rich/poor gap big.

Countries- USA, Canada, UK, Mexico, Ireland

Socialism- A social and economic system characterized by social ownership of the means of productions and co-operative management. Most valuable property and resources are controlled by the state. Nobody owns anything, everyone owns everything.

Countries- China, Cuba, Laos, Vietnam, Soviet Union(No longer)

Oligarchy 

Oligarchy- A small group of people having control, usually rich

Countries- Russia, India, USA dog ogedfisjodfsio[djfs

No countries an official Oligarchyfsfjksnflsn'

Mixed Economy- Partly managed by public, some by government.

Countries- UK, Cuba, USA, France, Russia

Communism

thursday- map, talked about Ukraine 

A single group controls the state, no freedom.

Countries- North Korea, Cuba, Laos, China, Vietnam

Tuesday- map, talked on website

Wensday- map, kept reading article 

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