Economy

Government

Does the United States have a Limited or Unlimited Government?

Poll

What kind of Government would like to have?

• Anarchy

• Monarchy

• Democracy

• Oligarchy

Limited Government

• what is a Limited Government?

• Who has a Limited Government?

• What is the difference from an Unlimited Government?

Limited Government

• the Government power is limited usually by a constitution.

• the people have the POWER!!!! muhahahaha.... with some restrictions. i.e. Laws

• Example of Limited Government is where the People get to vote for who they want in office

Multiple Choice

Who has a limited government?

• Russia

• China

• North Korea

• United States

Unlimited Government

• what is an Unlimited Government

• Who has an Unlimited Government

• 
  

Unlimited Government

• An Unlimited Government is where the STATE has all the POWER

• The country is either under a dictatorship or under military rule

• There are NO Individual rights for the people

Multiple Choice

Who has all the power in an Unlimited Government?

• the people

• the state

Open Ended

Tell me one difference between limited and unlimited government.

Economics

by the government

Economics

• what is the importance of economy?

• Does the Government benefit, or help the economy?

• Are there different types of economy?

• Which one is more beneficial?

Free

• F = Freedom

• R = Resources

• E = Economic Development

• E = Economic Activities

Enterprise

• E = Exchanged goods

• N = Nations

• T = Traditional

• E = Elections

• R = Responsible

• P = Profit

• R = Regulations

Enterprise cont...

• I = Innovated

• S = Systems

• E = Entrepreneurship

• 
  

• 
  

• 
  

Socialist, Communism, Free Enterprise

• What kind of economic system is this?

• Who benefits

• How does the Government play a role?

Socialist

• Ownership-The government owns all basic resources .... everything else is privately owned.

• Distribution- the government distributes the basic needs.... and private companies/ markets sell everything else

• Role- Government makes all the decisions

• this kind of economics the government controls things like electricity, communication network, and health care.

Communist

• ownership- Government

• Distribution- Government decides how the goods are used

• Role- Makes all decisions

Capitalist

• Ownership- Individuals and Businesses own a factor of the product, central Government can't tell them what to do.

Free Enterprise

• Ownership- Everyone

• free to exchange goods and services and to choose careers.

• free to own businesses with little government invention.

Multiple Choice

Which economy has privately owned businesses distributing some resources to the people?

• Free Enterprise

• Communism

• Socialism

• Capitalist

Multiple Select

Check all that apply... Communism Economy is

• ruled by the government

• government decides how resources are used

• individually own

• government makes all economic choices

• market sends the resources

Open Ended

Give me two differences between a Socialist eco. and a Capitalist eco.

Poll

Who do you want in control of your Resources

• Government

• Local business

• privately owned bossiness