Friday January 20

Today we started with talking about one of the president that wanted a open marriage.
Next we did out Europe map
Finally we started on our presintations for our pol./ec. systems project

Economic systems....

  • Socialism-  The government owns businesses and regulates the distribution and prices of goods. Capitalism- System where businesses are controled by people and prices and distribution are determined by competition in the market. Competition is key.
  • Mixed economy-
  • Direct Democracy- My group did this one
  • Representative Democracy- My group did this one
  • Monarchy- Supreme power by a single person (king)
  • Absolute Monarchy- Government determined soley by the ruler.
  • Constitutionaly Monarchy- Governed according to a constitution that says what the ruler can and can't do. (king power is limited)
  • Dictatorship-
  • Theory of communism-
  • Practice of communism-
  • Anarchy-
  • Oligarchy-
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