capitalism: a free enterprise economy based on profit and loss of capital. Pros: freedom to start own business, profit. Cons: threat of monopolies and trusts, greater risk of loss.
socialism: economy based on equal distribution of wealth among society. Pros: working class has more power, individuals don't hold almost all the wealth. Cons: too much bureaucracy, less gets done.
communism: economy with collective, or state ownership of land and other productive property. Pros: ideally there would be no social classes or exploitation of labor. Cons: very little freedom, too much govt. control.
Tuesday, March 29, 2011
Friday, March 11, 2011
foreign govts.
1. japan: japan is a parliamentary democracy. its current constitution was adopted in 1947 after WWII. Japan's Parliament - the national diet - is the highest organ of state power, comprised of the house of councillors and the house of representatives, who specialize in consensus politics.
russia: Lenin and Stalin were the ones who brought communism to russia. it stayed with communisn until Mikhail Gorbachev reformed russia under the principles of perestoika and glasnost. the current russian govet os one of democracy, similar to the US.
2. the US is all deeply involved with them in some way, we also were at war with them at some point in history
3. none of them are the same in there form of govt. and economy together.
4. as far as stength i think china has the strongest because of their bustling economy and power of their people.
5.democracy
russia: Lenin and Stalin were the ones who brought communism to russia. it stayed with communisn until Mikhail Gorbachev reformed russia under the principles of perestoika and glasnost. the current russian govet os one of democracy, similar to the US.
2. the US is all deeply involved with them in some way, we also were at war with them at some point in history
3. none of them are the same in there form of govt. and economy together.
4. as far as stength i think china has the strongest because of their bustling economy and power of their people.
5.democracy
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