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Government and Economic Types

Government and Economic Types. Assignment. Following this slide are 7 terms. Read the slide and create a simplified definition. Create a pictoword for each term. See Mrs. Sunda’s Example. A. Democracy. “of the people, by the people, for the people”

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Government and Economic Types

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  1. Government and Economic Types

  2. Assignment • Following this slide are 7 terms. • Read the slide and create a simplified definition. • Create a pictoword for each term. • See Mrs. Sunda’s Example

  3. A. Democracy • “of the people, by the people, for the people” • The people rule directly or through elected representatives • All people are equal in the eyes of the law • Nations following this formula: Great Britain, France, USA

  4. B. Communism • Developed by Karl Marx in his book The Communist Manifesto • Goal = a classless society where there is no private property • No society has yet achieved REAL communism • Nations trying to follow this formula: USSR

  5. C. Fascism • Advocates one strong leader and aggressive hyper-nationalism • Term coined by Mussolini, the first fascist • War was a means to glorify the state • Gave the state absolute authority • Used propaganda and slogans such as Mussolini’s “Believe, Obey, Work!” • Nations following this formula: Italy, Germany

  6. D. Nazism • Specific form of fascism found in Germany • Focused on the glorification of Germany’s “Aryan” race, which was thought to be superior • Nations following this formula: Germany

  7. E. Totalitarianism • Complete control of people’s lives by the state (economic, social, educational, cultural, etc.) • Tactic used by both Fascists and Communists • Nations using this formula: Germany, USSR • Mussolini = a dictator, but not considered a totalitarian

  8. II. Economic Systems

  9. A. Socialism • Can be used in combination with any government type • The complete form is when the state owns all businesses and runs them for the people • Taken to the extreme, the final stage of socialism is Communism

  10. B. Capitalism • Private ownership of property and businesses is paramount • Profit is the main goal

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