#dontbeaverage Mr. Bruns went to the other classroom to fix a beeping laptop then Colin came in to teach us which is now called "Colin's Minute"... We discussed the new forum posts of the week and went over the Asian maps for the first time. The government is back open and we have bumped the debt ceiling up which is basically just pushing it down the road for couple months. #kickingthecandowntheroad The best thing for us to do would be to cut spend on some government programs and raise taxes to get out of or debts.
Economic Systems
1 capitalism - all money you make you keep - people have control of businesses - rich control money
2 socialism - government owns businesses
Political Systems
1 anarchy - lack of government
2 communism government has all control of everything to deal with peoples' rights - no freedoms
3 monarchy (absolute - king has all power over country)(constitutional - king & queen are the head but don't have lots of power it is limited by constitution)
4 democracy (representative - elective rep to make laws for them) (direct - majority rules, everyone votes for everything)
5 dictatorship - when a person rules a country
Coup d'etat - takeover of government
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