Our presentation was on the theory and practice of communism.
Economic systems:
Socialism-Government owns and controls businesses. you are told where to work by the government.
example: China, cuba, vietnam.
Capitalism-The government does not control busineses
example: United States
most countries of the world are a mixed economy. for example we are capatalist, but our school system is socialist. if the government provides it, tax payers pay for it.
Political Systems:
Direct Democracy-a form of democracy where people vote for laws(thing they want to happen) instead of representatives who get voted in to vote for the laws. majority rules. Ex. Switzerland
Representative Democracy- a government where governmental officials are elected by the citizens of a country to vote on laws for them. Ex. United Kingdom, Germany, U.S.
*Democracy is a government where people are going to have a "say" in their government. protects minority's rights.
Constitutional Monarchy- the king or queen is at the top, but they dont have very much power. The prime minister has most of the power(like our president). King and queen have limited power due to their constitution (more for tradition) Ex. united kingdom- Queen Elizabeth ll, Japan-Akihito.
Absolute monarchy- King or Queen has ultimate government authority or all government power. (either you are born into a monarchy or married) Ex. Vatican City- Pope Benedict XVlAnarchy- dictator has all of the power. (corupts peoples minds)
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