We will examine and discuss 4 types of

Government and 3 types of economies

found in the World today.
 Democracy is a form of government in which
the people elect leaders and rule by majority.
 In most democratic countries, citizens are free
to choose representatives to make and enforce
the law.
 This government works to protect the freedoms
and rights of the people, such as freedom of
speech and freedom of religion.
 Monarchy is one of the oldest types of
government in the World.
 A monarchy is ruled directly by a king or
queen, the head of a royal family.
 The people have little say in their government.
 England is an example of this.
 Dictatorship is a type of government in which a
single, powerful ruler has total control.
 The leader is called a Dictator.
 They lead by force, and the people are not free.
 The people have few rights and no say in their
own government. An Example of past Dictators
are Adolf Hitler in Germany (1933-1945),
Benito Mussolini in Italy (1925-1943).
 A political system in which the government
owns all property and dominates all aspects of
life in a country.
 Leaders are not elected by citizens, but instead
chosen by the Communist Party or Communist
Leaders.
 In most Communist States, like Cuba & North
Korea, the government controls the countries
economy and the daily life of the people.
 People have restricted rights & little freedom.
 Traditional Economy- a system in
which people grow their own food
and make their own goods.
 Trade may take place through
barter, or exchange of goods without
the use of money.
 Primitive economy.
 Market economy – is a system based on private
ownership, free trade and competition
 Individuals are free to buy and sell what they
wish.
 Prices are determined by the supply and
demand for goods.
 The United States is one of many countries to
use this system.
 A system in which the central government
makes all economic decisions.
 This means, the government will decide what
goods to produce, how much to produce, and
what prices will be.
 While no country has a purely command
economy, the economies of North Korea and
Cuba are close to it.
 The Communist governments of these nations
own and control most businesses.
 This is the value of all goods and services
produced within a country in a single year.
Also, called the GDP. The GDP allows us to
compare incomes among countries.
 Others indicators include industrialization and
overall quality of life.
 We examine types of technology, health care,
and education a country has.
 Countries with Strong economies and a high
quality of life. (An Example: US and
Germany)
 Developed countries have a high GDP and
high levels of industrialization.
 Their health care and education systems are
among the best in the World.
 Many people have access to technology.
 These are countries with less productive
economies and a lower quality of life.
 Almost 2/3 of the people in the World live in
developing countries.
 Most of their citizens work in farming.
 They usually have no access to health care or
technology.
 An example of these are Afghanistan or
Guatemala.
 Which country has the highest GDP on this
chart?
 Which country has the most TV per 1000
people?
 Which country has the largest Population?
 Which country would you expect to live the
longest? What is the age? Why do you think
this occurs? Justify your answers!