Individual people do not own land, factories, or machinery. Instead, the government or the whole community owns these things. Everyone is supposed to share the wealth that they create

• Democracy

• Communism

• Command Economy

• Capitalism

• Free Market

an economic system in which prices are determined by unrestricted competition between privately owned businesses

• Democracy

• Communism

• Command Economy

• Capitalism

• Free Market

A system of ideas and ideals, especially one which forms the basis of economic or political theory and policy

• Democracy

• One Party State

• Command Economy

• Capitalism

• Ideology

a country where a single political party controls the government, either by law or in practice

• Democracy

• One Party State

• Command Economy

• Capitalism

• Ideology

a system of government by the whole population, or all the eligible members of a state, typically through elected representatives

• Democracy

• One Party State

• Command Economy

• Capitalism

• Ideology

an economic and political system in which a country's trade and industry are controlled by private owners for profit.

• Democracy

• One Party State

• Command Economy

• Capitalism

• Ideology

an economy in which production, investment, prices, and incomes are determined centrally by a government

• Democracy

• One Party State

• Command Economy

• Capitalism

• Ideology

Capitalism, Democracy, and Free Markets are ideologies supported by: _______

• The Union of Soviet Socialist Republics (USSR)

• The United States of America (USA)

Command Economy, Communism, and One Party Rule are ideologies supported by: _______

• The Union of Soviet Socialist Republics (USSR)

• The United States of America (USA)

established the U.S. dollar as the world’s reserve currency

• The Marshall Plan

• Bretton Woods Conference

• The Cold War

• The Truman Doctrine

• The Berlin Airlift