State of the Union Address:taxing situation. creating jobs. education rewardsSomolia:Navy seals rescue the workersECONOMICCapitalism-system where businesses control themselves and prices and distribution are determined by competition in the marketSocialism-the govt owns business and regulates the distribution and the price of goodsDEMOCRACYDirect-everyone who is old enough has the right to attend meetings involving voting or anything political, to work, everyone that can participate mustRepresentative-giving the people the power to choose who they want to represent their countryWe had monarchiesANARCHYdictatorship-govt that is controlled completely by one personanarchy-a country that has absolutely no govtCOMMUNISM-system of govt where the govt is in complete control. you are assigned a job, you do it and the govt provides what you need. there is no private ownership in a commie country, the idea is for everyone to be equal and receive the same things. China is the biggest known commie country. Laos, North Korea, Cuba, Vietnam. SU commie since 1990 was the mother.Practice- govt control, no freedom of speech and stuffTheory- Marx believed that the poor people would rise up and over ride the govt and everyone would be equal
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