Monday-
went over part of Latin American Map
presentations
Capitalism
economic system that has private ownership of production. This system gives individuals more opportunity to get more money
examples
USA
Canda
United Kingdom
Mexico
Ireland
Socialism
a political and economic system where most valuable property is owned by the state and nobody owns everything. The idea that everybody has all the same stuff and there are no rich or poor people.
Examples
China
Cuba
Laos
Vietnam
Soviet Union
Oligarchy
means the rule of a few people who are richer and more powerful than the others
Examples
Russia
India
United States
Britain
China
Mixed Economy
It’s partly run by the public people who run independent companies and some is manages by government organizations controlled by the states. Mix between Solicism and Capitalism
Examples
United Kingdom
Cuba
United States
France
Russia
gave my presentation
Tuesday-
talked about failed states
Wednesday-
went over South America map
Fragile State
talked about the best and worst countries to be in
South Sudan is the worst
Finland is the best
read article about why some states failed
Reasons why
forced labor
tilting the playing field
big men get greedy
Elite blocked advances in technology
No law and order
a weak central government
bad public services
Political exploitation
fighting over the spoils
lack of property rights
Thursday-
went over Latin America Map
Ukraine
speak Ukrainian
Capital- Kiev
mainly 77.8% Ukrainian and 17.3% Russian population
7,400 Per capita income
population- 44 million
government type: Republic
the territory was ruled by variety of powers, including Lithuania, Poland, The Ottoman Empire, Austria-Hungary, and Russia
During WWI(1914-1918), part of Ukraine fought on Austria Hungary’s side while others fought on the Russian Side
After WWI, Ukraine became part of the Union of the Soviet Socialist Republics (Soviet Union) in 1922
Ukraine became independent in 1991 after the fall of the Soviet Union and communism in eastern Europe
has had numerous issues with Russia ever since
Qatar- $102,100 Per capita income
- highest per capita in the world
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