1. Economy & Government
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2. Learning Objectives
• I can name and describe the different
types of economic systems
• I can compare and contrast different
economic systems around the world.
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3. • To more effectively live, humans have set up
economic systems and governments.

4. • Economic Systems
Theories of:
a. production (making)
b. distribution (shipping, buying & selling)
c. consumption (using)

5. Production, distribution or consumption?

6. 1. Traditional Economy
a. used by earlier civilizations and less developed countries
b. subsistence living
c. depend on customs, traditions, & inheritance to guide
economic activities
d. found among indigenous populations that largely depend
on agriculture for their living
information about both economies taken from http://www.wisegeek.com/what-is-the-difference-between-a-traditional-and-market-economy.htm

7. 2. Capitalism (a.k.a.Free Market system) (vo
a. private ownership of property and/or businesses
b. no gov’t regulation (rules)
c. supply & demand
c. encourages competition
d. class system.
Adam Smith

8. This
company

9. • Class System is a part of
capitalism
•
- Upper (elites)
- Middle (bourgeoisie)
- Lower/workers
middle
upper/elites

10. 3. Socialism – A theory advocating some gov’t control (regulation) of economic
activity. It also relies on the redistribution of wealth.

13. 4. Communism– “higher stage” of socialism
a. Total gov’t ownership of property and businesses
b. Pro-worker (proletariat)
c. Classless system (everyone is equal)
d. Command Economy
- What is the color of
communism?

14. - The color of communism - red

15. Origin of Communism - Karl Marx (German
philosopher)
Published in 1848

17. • What type of economic system does the U.S.
have?

18. •
The U.S.A., technically, has a Mixed Economy capitalist (free market) economy with
some government regulation (socialism).

19. •
Where is the U.S. on the capitalist/communist continuum? What about Canada?
to 10
Capitalism
Communism
Socialism
1 2 3 4 5 6 7 8 9 10
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20. • Despite the technicalities, most people call our
economic system . . . CAPITALISM!!!

21. • Does capitalism work?

22. For some . . .
capitalism is great!
#2 (richest in the
world) Bill Gates
– 61 billion
Donald Trump – 2.9
billion
#3 Warren Buffet –
44 billion
Paris Hilton

23. Oprah Winfrey is
worth 2.7 billion
Who is the richest
person in the world?

24. Carlos Slim (Mexico) - #1 richest
person in the world @ 70 billion

25. Capitalism fosters greed

27. For others . . . not so much (hurts those who
do not have $)

29. Again, what type of system does the U.S. have?
Capitalism vs. Communism
and/or Socialism
. . . you be the judge.
Republicans
republicans

30. Occupy Wall Street movement (2011)
which protested against greed,
corruption, economic inequality, etc.

32. • Capitalists use propaganda to demonize communism and socialism.
“Communism” and “Socialism” are
considered dirty words to many
people in the United States.

33. juxtaposition

38. Learning Objectives
• I can name and describe the different
types of government systems
• I can compare and contrast different
government systems
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39. • Political Systems – a system of government; a
form of rule over people.
- What are some different forms of government?

40. 1. Democracy– Government by the people.
Two types:
a. Direct Democracy– Everyone participates and has a say in gov’t. Ex.
Ancient Greece

41. b. Republic– Gov’t system in which the people elect leaders to represent them.
a.k.a. representative democracy. Example: USA

42. •
Difference between (direct) democracy and republic. Students will draw
(Direct)

43. 2. Autocracy – government in which one person has
unlimited power over others.
- Two types:
a. Totalitarian dictatorship
All are infamous
and, generally,
narcissistic.
Pol Pot - Cambodia
Augusto Pinochet - Chile
Bashar al-Assad - Syria
Saddam Hussein - Iraq

44. Muammar Gaddafi - Libya
Idi Amin - Uganda
Rafael Trujillo –
Dominican Republic
The state/country
is in control of
everything
Students-please
draw this

45. Also comes with a ridiculous fashion sense.

46. • Regime– authoritarian/dictatorship and/or corrupt government

47. b. Monarchy– Government rule by king or queen.
Two types:

48. 1. 1. Absolute Monarchy – all powerful
Ex. Saudi Arabia
King Abdullah

49. 2. Constitutional or Limited Monarchy –
little or no power
“I just came out to say,
POWER TO THE PEOPLE.”

50. Constitutional Monarchy
Ex. Canada, Jamaica, Belize & other Caribbean Islands.
Blue-current
Red-Formerxt
British Commonwealth of Nations. Who is there monarch?

51. •
Is Queen Elizabeth II, of the United Kingdom, an absolute monarch?

52. •
NO!!! She is a constitutional or limited monarch.

53. 3. Oligarchy – Government rule by a group of people.

54. Example: Communist State (country) – single-party
(communist) rule which professes allegiance to Marxist-Leninist communist ideology; led by a
dictator; indoctrination.
North Korea
Karl Marx
Vladimir Lenin
Communism is thought of as both
an economic system and a gov’t
system.

55. - Current Communist States (countries) – Cuba,
China, Laos, Vietnam & North Korea
Eastern Hemisphere
Western Hemisphere

56. • The United States will do everything
in their power to stop the spread of communism .
. . especially in the Western Hemisphere.
Ex. Nicaragua 1980s

57. This was the fear
of the U.S.-especially after
Cuba was on their
doorstep

58. •
The U.S. anti-communist policy known as The Domino Theory

60. 4. Theocracy– gov’t rule by a religion. Ex.– Iran (Islam)
Ayatollah
(Supreme
Leader) in
Iran
President
Based on Sharia Law

62. Iranian fashion police

63. Women’s rights protest in Tehran, Iran. The theocratic gov’t took it very seriously.
Showing hair is a
form protest.

64. “Women should have the
same rights as men.”
Farsi/Persian

65. 5. Fascism– led by a dictator; emphasizes ancestry, culture and blood; emphasis of
nation (nationalism) over the individual; indoctrination; forcibly suppresses any opposition.
Examples: Germany, Italy & Spain in the 1930’s & ’40s
Francisco Franco (Spain)
Hitler and
Mussolini (Italy)
As mentioned before, dictators are,
generally, infamous and very
narcissistic.

66. 6. Plutocracy – the rule or control of a society by the wealthy.

68. 7. Anarchy– no government
Nester Makhno (1918) – leader of the
Anarchist Free Territory in Ukraine
during the Russian Civil War.
Mikhail Bakunin (Russian)
Pierre-Joseph Proudhon
(French) – father of modern
Anarchism

69. What would life be like
without gov’t?
Think about it.

70. You would have to deal with people like this.

71. • What is the role of government?

72. - To serve and protect
(we hope)

73. Learning Objective
• I can explain how different countries are
connected economically through trade,
transportation, etc.
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74. • We are all globally linked/connected together . .
. how?

75. 1. Transportation
a. Waterways
b. Roads
c. Air
d. rail

77. 2. Economics

78. •
- Currency (paper money)
1. Example: euro

79. - Distribution . . . Trade

80. • What percent (%) of trade travels by water?

81. - 90%
- Top five trading partners (countries/states) with the
U.S.?
Long Beach, CA port

82. 1. Canada 2. China 3. Mexico 4. Japan 5.
Germany
- Examples of major trade networks.

84. Major trade networks - Oil

86. • Tariff – a tax on imports & exports . . . why tariffs?

87. • Tariffs protect locally made products.

88. 3. Communication
a. Language
1. Internet
2. Telephones
3. Mail
4. T.V./Radio

89. Hemisphere & “World”?????

90. KIP

91. 4. Migration– movement from one place to another.
Hemispheres?
World migration since 1700