systems of government unitary system- gives all key powers to the national or central government....
DESCRIPTION
Oligarchy Any system of government in which a small group holds power. –Gets its power from military, wealth, or religion –Ex. China, Russia, Afrikaaners during ApartheidTRANSCRIPT
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Systems of Government
• Unitary system- gives all key powers to the national or central government.– Ex. United Kingdom and France
• Federal system- divides the powers of government between the national government and the state or provincial governments.– Ex. United States
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Autocracy• Any system of government in
which the power and authority to rule belong to a single individual.– Forms: Dictatorship,
Monarchy (absolute and constitutional)
– Ex. Hitler & Nazi Germany, Stalin & USSR, Castro & Cuba, Saudi Arabia, United Kingdom, Japan
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Oligarchy• Any system of
government in which a small group holds power.– Gets its power from
military, wealth, or religion
– Ex. China, Russia, Afrikaaners during Apartheid
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Democracy• System of government
in which leaders rule with the consent of the citizens– Types: Direct,
Representative, or Republic
– Ex. United States, Canada, & United Kingdom
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Socialism• System allows for equal
distribution of wealth, society’s control of major decisions, and public ownership of land, factories and businesses.
• Ex: some aspects of Western European Countries…Venezuela?
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Communism
• Communism- requires strict governmental control of both society and economy–Ex: China, Cuba,
North Korea
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Traditional Economy
• Habit and custom determine the rules for all economic activity–Behavior is defined
by the customs of their elders and ancestors
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Market Economy• Individuals and private groups make
decisions about what to produce and buy– “Supply and Demand”– Sometimes called “Capitalism”– Free Enterprise- idea that private
individuals or groups have the right to own property or businesses and make a profit with only limited gov. interference
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Mixed Economy
• Government supports and regulates free enterprise through decisions that affect the marketplace
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Command Economy
• The government owns or directs the means of production (land, labor, machinery, factories, etc.) and business managers and controls the distribution of goods.
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LEVELS OF ECONOMIC DEVELOPMENT
PRIMARY LEVEL: using the Earth’s natural resources (ex. Farming, timber, fishing, mining)
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Secondary Industries
Developing countries begin to manufacture products from primary industries.
Secondary industries mark an advancing economy in developing countries. Most developed countries have a well established industrial base.
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Tertiary Industries
Economies have reached a stage where selling a product or a service is a major part of the economy. These are generally found in developed economies.
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Quaternary IndustriesEconomies have reached the technological level. People are involved in mass consumption of goods and services.
Found in countries with the highest level of economic development