today we started by going over the map and over anarchy, dictatorship, democracy, and communism and we presented monarchy and capitalism/socialism
capitalism- an economic 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 distibution ina community where the government owns the buisnesses countries: china, vietnam, lao, cuba, and afghanistan Leader: greece- evangelos venizolos
then we talked about mixed economy- a mixture of capitalism and socialism when the government owns some buisness and people own some buisnesses
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