At the beginning of the class we went over what we were all going to do this week. Then we went over the map again. Then some current events for today. We spoke more about the government shutting down and the debt ceiling is closing in. Then we talked about two U.S. raids that were done in Somali that were done by Seal Team 6. They were unable to confirm if there target was killed because they were stuck by heavy gunfire. Another raid was done in Libya where another team went in and tried/attempted to find a major Al-Qaeda leader/person. The man in Libya was captured and taken in for questioning. They wanted him because apparently he was a major factor in the U.S. Embassy bombing back in 1998 which killed over 200 people. Following that we moved on to our presentations. My notes are below.
Socialism
-Means that the government is in control of how the money is used within a country
-Some Countries that have Socialism China, Cuba, Vietnam, Portugal, North Korea
-Started in the late 1700's
-Has a lot of the same ideas as communism
Capitalism
-Means that anyone can start a business and they are able to own that business
-Capitalism is the most popular type of government
-Some countries that have Capitalism U.S., Canada, Germany, Spain, Netherlands
-The Netherlands are recalled as the first people to have a Capitalistic government.
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