Wednesday January 25th

project presentation
Economic systems:
Capitalism- the people control and own the business.
Socialism-government owns and controls business.
Government systems:
Direct democracy-Everyone who is a certain age has the right to vote and participate in political matters.
Representative democracy- The people have the power to choose their leader.
Absolute Monarchy- Country is run completely by the ruler (King or Queen)
Constitutional Monarchy- A constitution limits what a ruler can or can't do.
Anarchy- no government(free for all). Ex: North Korea.
Dictatorship- government is controlled by dictator, similar to a king or queen. Ex: Somalia
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