Unit 2

In a monarchy you would have

• a government by the people

• Kings and Queens

• small group of people leading

What country has Democracy

• North Korea

• Cuba

• Cananda

• Slevinica

What type of economy does the US have

• Free Market

• Command Economy

• Communism

• Incentives

What kind of government does the us have (spell correctly)

How confident am I that I will get an A on the super awesome test for my favorite class

• 10/10 I will get an A

• 14/10 I am gonna make Ms. Wilde cry because I do so well

• 7/10 kinda confident but might need to study more

• 4/10 I will study more to boost my confidence

Theocracy

• government based on human needs

• government based on religion

• government based on needs of kings

• government ruled by a small group

Oligarchy

• ruled by kings and queens

• ruled by one leader

• ruled by a small group

• ruled by the people

free enterprise

• economy ruled by government

• economy with limited government interference

• economy with no government

• economy

capitalism

• factors of production are owned by the government

• factors of production are privately owned

• factors of production are publicly owned by groups

less developed country

• lowest socioeconomic development

• medium socioeconomic development

• no socioeconomic development