Tuesday, September 4

We went over the states and capitals again. The test is in a week. We presented our Economical/ Political Presentions.

Constitutional Monarchy- King or queen holds the highest authority but is restricted to obey the constitution. Countries: Denmark, Canada, Australia, United Kingdom, and New Zealand. Leaders: Queen Elizabeth, Queen Elizabeth II, and Margrethe II.

Absolute Monarchy- King or queen controls everything and can do anything no matter what. Countries: Oman, Qatar. Louis XIV, Ivan the Terrible of Russia, and Peter the Great of Russia.

Capitalism- An economic system where businesses control trade and production of goods through the free market. Countries: United States, France, Canada, United Kingdom, and Australia.

Socialism- A system where a social organization controls production and distribution in a community.  Countries: China, Vietnam, Lao, Cuba, and Afghanistan. Leaders: Evangelos Venizelos.

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