What is government?

0 DEFINITION: The form or system of rule

by which a state or community is governed.

Do citizens matter?
0 The role of a citizen is different in

every nation. 0 Freedom for people varies in every nation.

3 Major Types of Governments

Democracy Oligarchy Autocracy

Democracy
Citizens have the power and can choose their leader or leaders that govern their nation. YAY!!!

Also.
Freedoms are protected in a democracy since power is vested in the people!

Oligarchy
A group of rulers with all the power!

Unhappy citizens
0

Citizens have little to no power in an oligarchy.

Freedoms rarely do exist for the citizens.

Autocracy
One ruler with all the power! (dictator)

Ruthless Dictatorship

Most citizens are in fear of their government! Touring North Korea Video

What is economics?
The wealth and resources of a country in terms of production and consumption of goods and services.

Economic Continuum
market and pure command. 0 Pure = 100% 0 Pure Market= ALL businesses are privately owned 0 Pure Command= ALL businesses are govt owned
0 All countries are somewhere between a pure

Mixed Economies
0 There is no such thing as PURE economies. 0 Countries reside somewhere along the continuum

and are mobile.

Are They Connected?

Economics and governments are definitely connected!

REMEMBERGovernments make policies that govern the way people live in a country which directly effects the economy.

Connecting
Autocracy

Oligarchy

Democracy

Bibliography
Merriam-Webster's collegiate dictionary (10th ed.). (1993). Springfield, MA: Merriam-Webster. Schiavenza, Matt. (2013). How China Made the Tiananmen Square Massacre Irrelevant. Retrieved March 7th, 2014, from http://www.theatlantic.com/china/archive/2013/06/how-chinamade-the-tiananmen-square-massacre-irrelevant/276500/ Davidson, Ellis. (1993). Free Enterprise Vs. Command Economy. Retrieved March 8th, 2014, from http://smallbusiness.chron.com/enterprise-vs-command-economy3889.html