I was given my country of Israel. We went over some current events and our map. My notes are below.
Economic Systems: capitalism, socialism (mixed economy)
- Capital: an economic system in which the people control the businesses.
- Social: equality – the government controls the businesses and the economy.
Political Systems: Anarchy, Communism (practice, theory), Monarchy (absolute, constitutional), Democracy (direct, representative), Dictatorship.
- Anarchy: a lack of government. (coup détat {coo day-tah} is an overthrow of the government.)
- Communism: (practice) a government has complete and total control of everything. (theory) the vast majority of people are not happy. They will rise up and overthrow the leaders in a revolution, eventually create a classless society.
- Monarchy: (absolute) king or queen have absolute power. (constitutional) a government in which the king or queen’s power is limited either completely or partially.
- Democracy: (representative) the people elect representatives to make laws for them. (direct) majority rules – voting. Everyone votes, majority rules.
- Dictatorship: when one person has total control of a country.
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